At the beginning of March 2019 Elon Musk’s SpaceX organization sent a capsule rocketing up to space. The Dragon craft, as it is known, was making its way towards the International Space Station. It swiftly arrived there – and the ramifications for the future of space exploration could be gargantuan.
Even before the establishment of SpaceX, Elon Musk had announced himself as a notable entrepreneur. Having already accumulated considerable wealth, in 1999 Musk helped to establish online bank X.com. And while this might not necessarily ring any bells today, X.com’s subsequent merger with software business Confinity would ultimately prove to be very significant.
Confinity had been set up during the winter of 1998 by Peter Thiel, Luke Nosek and Max Levchin. And it was the following year in which Confinity’s most significant product was launched. So significant, in fact, that it’s still widely known today, some two decades later. The product in question was PayPal.