According to PANews, Elon Musk expressed concerns on the social media platform "X," stating that unchecked U.S. federal government spending could bankrupt the country if action is not taken to reduce waste. Musk emphasized that such excessive spending is a primary driver of inflation.

In related reports, U.S. Republican presidential candidate Donald Trump indicated that, if elected, he would consider appointing Musk to lead a government efficiency committee aimed at reviewing and optimizing federal spending.