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Musk was optimistic about the future success of the money transfer business Confinity was developing. Musk and then-president and CEO of X. Bill Harris, disagreed on this point and Harris left the company in May 2000. In October of that year, Musk made the decision that X. In the same month, Elon Musk was replaced by Peter Thiel as CEO of X. 2005 to expand its e-commerce business and provide added security support.
9000 online merchants in the US. 643 million, up 11 percent year over year. 42 percent of revenues in Q1 2009 were from international markets. 16 billion, up 10 percent year over year. 1,370,000,000 in the 3rd quarter of 2012. The spin-off was completed on July 18, 2015.