Almost none of it is from Paypal any longer (except as seed money for other ventures). He got about half a (EDIT: significantly less than a quarter) billion from Paypal and invested it split into Tesla and SpaceX. I think he owns most of (or close to most of) SpaceX, which is worth at least $10B, plus a bunch of shares of Tesla (but definitely not near half), which is worth over $50B.
So I'd say his networth now comes from (very) roughly 50:50 Tesla and SpaceX. Paypal money is long gone.
He borrows money against his shares to fund projects like this without diluting control.
Which of course makes the line from TFA 'Elon Musk, a man of means by no means,...' make no sense.
I get that it was presumably a reference to the song 'King of the Road', but since the rest of the story had nothing to do with being a hobo, I'm unsure of the author's intent.