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‘America is going bankrupt’: Elon Musk issues a warning as interest on US debt was equal to 76% of income tax collected in June — and is expected to exceed $1.14 trillion this year.
Musk added his own stark commentary: “America is going bankrupt btw.” Musk’s warnings are rooted in a troubling reality. The U.S. national debt stands at $35.3 trillion — and continues to ...
Tesla's stock price reached $420 on Wednesday afternoon, which elicited responses from social media users and the company's CEO, Elon Musk. "As foretold in the prophecy," Musk wrote in an X post ...
The rising odds of a shutdown came after a deal to avert a government stoppage fell apart dramatically on Wednesday afternoon amid opposition from Elon Musk followed by President-elect Donald Trump.
Namely: This week, the duo told Congress that through their advisory board, the Department of Government Efficiency (DOGE), they’ll reduce “government waste” by $2 trillion.
Elon Musk speaks with U.S. President-elect Donald Trump at a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.
Musk and Ramaswamy target $2 trillion in federal cuts Tesla and SpaceX CEO Musk has floated plans to cut $2 trillion from the federal budget, nearly a third of the $6.75 trillion fiscal total.
That message has emerged from former President Donald Trump’s wealthiest backer, Elon Musk, who says that the GOP nominee’s plans to put the U.S. on firmer fiscal footing would likely entail ...