An attempt was made to re-brand PayPal to X before this Twitter situation (biz.crast.net)

submitted 1 year ago by KrisND@lemmy.world to c/therewasanattempt@lemmy.world

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Elon Musk has tried to re-brand PayPal as "X" years ago and was shot down due to focus groups stating it reminded them of adult websites.

Thiel and PayPal co-founder Max Levchin plotted a coup against Musk while he was on his first vacation in years. The board fired Musk as CEO in September 2000 and replaced him with Thiel. Thiel formally changed the name of the combined company to PayPal in 2001.

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this post was submitted on 22 Aug 2023

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There Was An Attempt

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