He did not found Paypal, Tesla, SpaceX, or anything else that's been successful with his name attached. He did not contribute any tech to those efforts. At best he's contributed publicity, but it's only ever with a flavor of celebrating how great he is.
He's an example of an utter failure of capitalism. I suppose it shouldn't surprise me that he's celebrated for it. Everyone wants to fail like him. But most people skipped the step where they're born rich, and it's just too hard to recover from that miss.