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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 Great thread, thanks! Where did you get all this info from?

John Bull

@tsaylor as per other replies:

- Memory (I'm older than I look! Been in webtech since I was 18 in 1998)
- Contemporary articles
- various books

I highly recommend The Founders by Jimmy Soni if the history of PayPal interests you.