Elon Musk denounces wasteful use of public funds

Elon Musk denounces wasteful use of public funds

Elon Musk has again criticised the handling of public resources, pointing out that more than $38 billion has been wasted on cancelled grants, while $400 million was ‘flushed down the toilet’ on dead-end leases.

The businessman, known for his critical stance on bureaucracy and inefficient government spending, has reiterated the need for greater transparency and accountability in the use of public funds.

His statements have generated debate at a time when the US administration is facing questions about the fate of billions of dollars in subsidies and failed contracts.