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eBay completes the PayPal purchase

Event 9 of 9 in How Elon Musk's early ventures unfolded

The event

3 Oct 2002

Turning point

Corporate

eBay completes the PayPal purchase

eBay announced completion of the acquisition. PayPal chief executive Peter Thiel resigned, and eBay executive Matt Bannick took over responsibility for PayPal.

eBay Open event

Sources and context

eBay Completes PayPal AcquisitionCompany statement · eBay

Sources for this event

eBay Completes PayPal Acquisition eBay

Before · 8 Jul 2002
eBay announces the acquisition agreement

See it in the full timeline (9 events) →