Please actually read the article
The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]
In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.
Musk founded a company that merged with the company that invented PayPal.
It doesn't even sound like he was the one who released it. He stole to sell them, they don't say he distributed it online, so probably someone bought it off him and ripped it. What a dumbass