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He received bachelor's degrees in 1997 from the University of Pennsylvania before moving to California to pursue business ventures. In 1995, Musk co-founded Zip2, a web software company. Following its sale in 1999, he co-founded X.com, an e-commerce payment system that merged with Confinity in March 2000 to form PayPal, which was acquired by eBay in 2002. Musk also became an American citizen in 2002.
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He received bachelor's degrees in 1997 from the University of Pennsylvania before moving to California to pursue business ventures. In 1995, Musk co-founded Zip2, a web software company. Following its sale in 1999, he co-founded X.com, an e-commerce payment system that merged with Confinity in March 2000 to form PayPal, which was acquired by eBay in 2002. Musk also became an American citizen in 2002.