You got that wrong.
X.Com, of which Elon was the Foun
You got that wrong.
X.Com, of which Elon was the Founder and largest shareholder and CEO merged with Confinity and the combined entity kept the name X.Com. After the merger Elon was still the largest shareholder and a FOunder.
That same entity later replaced Elon with Peter Thiel as CEO and changed its name to PayPal. IT was the same entity just with a name change. the Founding status of anyone does not change with a name change.
der and largest shareholder and CEO merged with Confinity and the combined entity kept the name X.Com. After the merger Elon was still the largest shareholder and a FOunder.
That same entity later replaced Elon with Peter Thiel as CEO and changed its name to PayPal. IT was the same entity just with a name change. the Founding status of anyone does not change with a name change.