Elon Musk was dethroned by Peter Thiel in a coup led by the ‘PayPal Mafia’

Elon Musk was ousted by the so-called “PayPal Mafia” from his role as chief executive of the payment platform while he was on vacation for his honeymoon over two decades ago, according to a new biography about the billionaire.

Musk, who became CEO of PayPal when the new brand was formed after his online bank X.com merged with Confinity, was wearing out his welcome with colleagues in the summer of 2000 due to disputes about the direction of the company following the merger, Musk biographer…