Musk, Icahn Both Want PayPal Spun Off From eBay – ValueWalk Premium
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Musk, Icahn Both Want PayPal Spun Off From eBay

PayPal co-founder Elon Musk wants to see the company he sold to eBay Inc (NASDAQ:EBAY) go solo once again, because he thinks the auction site that owns it is holding it back from real growth. “It doesn’t make sense that a global payment system is a subsidiary of an auction website. It’s as if Target Corporation (NYSE:TGT) owned Visa Inc (NYSE:V) or something,” said Musk, reports Steven Bertoni for Forbes

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