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Elon Musk tried to rebrand PayPal as X.com. Some thought it was a porn site. - Vimarsana News

Elon Musk tried to rebrand PayPal as X.com. Some thought it was a porn site.

Elon Musk yearned for a technological overhaul of the company that ran PayPal, and he wanted that change to start with the letter X - even if some thought it reminded them of pornography. In 2000, Musk had become CEO after the merger of his X.com and Confinity, the venture-backed company co-founded by Peter Thiel that owned the PayPal program that was a more popular money-transfer service than the one offered by Musk. After Thiel resigned following a rift over Musk pushing for the PayPal system

Source: yahoo.com