Thiel is best known for his role as one of the people who founded PayPal. In addition to Thiel, the group that built PayPal, fondly called the PayPal mafia, also includes Tesla CEO Elon Musk, Ken Howery, Luke Nosek, Max Levchin, and Yu Pan.
Thiel is known for being the first outside investor in social media giant Facebook. He also founded analytics software company Palantir, which went public in September 2020. Thiel was involved in a venture capital firm Founders Fund, which invests in space travel startup SpaceX.
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