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The return of x.com

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malcolm

Active Member
Nov 12, 2006
3,072
1,760
Elon Musk on Twitter

"verbose" is....er....well, it's currently six more letters.

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Well, x.com was his online financial project before they merged with the PayPal team and eventually adopted that name.

He envisioned the product to provide a whole suite of online financial services above and beyond just simple payment xfers, and has expressed disappointment that nothing became of those more ambitious plans after eBay bought PayPal.

Perhaps he's thinking of ramping that back up?

You know... in his spare time.
 
Well, x.com was his online financial project before they merged with the PayPal team and eventually adopted that name.

He envisioned the product to provide a whole suite of online financial services above and beyond just simple payment xfers, and has expressed disappointment that nothing became of those more ambitious plans after eBay bought PayPal.

Perhaps he's thinking of ramping that back up?

You know... in his spare time.

PayPal has got to rank up there as one of his big all time disappointments. Especially in hindsight. Yeah, he walked away from it with $170M in his pocket (which he has since turned into at least $8B (edit, $17B) and rising), but PayPal, if it had been run properly after it had been sold to eBay, would be the Amazon of financial transactions by now, probably rivaling Amazon in market cap. The opportunity is probably lost now.
 
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PayPal has got to rank up there as one of his big all time disappointments. Especially in hindsight. Yeah, he walked away from it with $170M in his pocket (which he has since turned into at least $8B and rising), but PayPal, if it had been run properly after it had been sold to eBay, would be the Amazon of financial transactions by now, probably rivaling Amazon in market cap. The opportunity is probably lost now.
From a business perspective, maybe. But I mean, electric cars and rockets. I hope he has the context to see the difference in outcomes and impact.
 
Maybe he calculated that it would save money to buy it and use it for connection testing.
Or perhaps he wanted a quick and reliable way to get hotel/restaurant wifi portal acknowledgment pages without a security error.

Another possibility is that he got x.com because he wanted to diversify SpaceX' operations and TimeX.com was already taken.
 
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