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To understand Musk's renewed obsession with X and focus on financial services, you REALLY need to understand the X/Confinity merger that became PayPal.

And, particularly, the Peter Thiel-led coup that kicked Musk out as CEO/Chief Strategist.

Here's how that happened. 1/🧵

@garius Thanks for sharing. It's super interesting.

I wasn't aware of this story, though the way you told it appears to be romanticized and the opinions expressed are not necessarily facts.

John Bull

@regis i've tried to avoid that and make it factual while interesting.

I'm not in the business of making stuff up.