Eric Jackson, an early employee of PayPal, offers a detailed account of the merger in his book PayPal Wars. X.com CEO Elon Musk published an online rebuttal of these rumours at Valleywag.
NerdTV Interview (video, audio, and transcript available) - 30 June 2005 iinnovate interview Two Stanford business school students interview Max New York Times: After Succeeding, Young Tycoons Try, Try Again Max Levchin profile An alternate history of PayPal according to X.com CEO Elon Musk Retrieved from "http://en.

49% relevant, context: 3 Confinity was founded in December 1998 by Max Levchin, Peter Thiel, Luke Nosek, and Ken Howery, initially as a Palm Pilot payments and cryptography company. 4 X.com was founded by Elon Musk in March 1999, initially as an Internet financial services company.
At Confinity, many of the initial recruits were alumni of The Stanford Review, also founded by Peter Thiel, and most early engineers hailed from the University of Illinois at Urbana-Champaign, recruited by Max Levchin. On the X.com side, Elon Musk recruited a wide range of technical and business personnel, including many that were critical to the combined company's success, such as Amy Klement, Sal Giambanco, Roelof Botha 6 of Sequoia Capital, Sanjay Bhargava and Jeremy Stoppelman.
com were also founded by David O. Sacks. SpaceX was founded by Elon Musk, who founded X.com and served as the CEO following its merger with PayPal.
Tesla Motors' principal owner and newly minted CEO / Chairman of the Board is Elon Musk. HourTown was founded by Ryan Donahue, an early product designer at PayPal.
^ Roelof Botha - Venture Capitalist - Sequoia Capital ^ PayPal: An alternate history according to Elon Musk ^ a b http://www.screw-paypal.com/history.html ^ http://www.