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=== Early ventures === In 1995, Musk co-founded Zip2, an online city guide software company, with his brother Kimbal. Compaq acquired Zip2 in 1999 for US$307 million, netting Musk approximately $22 million. Later in 1999, Musk founded X.com, an online financial services and email payment company. In 2000, X.com merged with Confinity to form PayPal. eBay acquired PayPal in 2002 for US$1.5 billion in stock, from which Musk received about $176 million after taxes.
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