Saturday, February 18, 2023

How did Elon Musk end up owning

I ran this through ChatGPT, so far it looks like it might be accurate. 

How did Elon Musk end up owning

In 1999, Elon Musk founded a company called, which was an online payment company that eventually became PayPal. At that time, Musk was the majority shareholder and CEO of the company.

As part of the company's branding efforts, Musk wanted to secure the domain name He initially tried to buy it from its owner, a man named Jack Selby, but Selby wasn't interested in selling. Instead, Selby suggested that they play a game of "extreme poker" to determine who would get the domain name.

According to Musk, they played the game, and Musk won, which allowed him to take control of the domain. Musk later sold PayPal to eBay for $1.5 billion in 2002, and he retained ownership of the domain.

In 2017, Musk announced that he had reacquired the domain name, but he has not yet announced any specific plans for how he intends to use it.


How did Jack Selby end up with before Elon? was initially registered in 1987 by a software engineer named Elizabeth Feinler, who was responsible for assigning domain names and IP addresses at the time. The domain name was used for a variety of purposes over the years, including as an email service for members of the online community The WELL.

In the late 1990s, the domain name was acquired by a company called Confinity, which was co-founded by Max Levchin, Peter Thiel, and Luke Nosek. Confinity created a product called PayPal, which was an online payment system, and in 1999, the company was renamed PayPal.

Around this time, Jack Selby, who was an early PayPal employee and a friend of Elon Musk, became the manager of the domain. Selby was responsible for maintaining the domain and managing its DNS records.

When Musk founded in 1999, he wanted to use the domain name for his new company, but it was already in use by PayPal. Musk eventually convinced Selby to transfer ownership of the domain to him so that he could use it for his new venture.

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