PayPal is currently owned by a diverse group of shareholders since it is a publicly traded company listed on NASDAQ under the ticker symbol "PYPL." Its ownership is spread among institutional investors such as Vanguard Group and BlackRock, individual shareholders, and mutual funds. PayPal operates as an independent entity after being spun off from eBay in 2015. Prior to that, it was acquired by eBay in 2002 for $1.5 billion, and before eBay's acquisition, it was founded by Max Levchin, Peter Thiel, and Luke Nosek, with a merger involving Elon Musk's X.com in 2000.