Tesla CEO Elon Musk has once again voiced his concerns over US government spending. In a post on microblogging site X (formerly Twitter), Musk warned that America will go bankrupt if federal spending is not controlled. Musk quoted a post by Canadian-American venture capitalist and entrepreneur Chamath Palihapitiya that said that anyone “wishing DOGE to fail” is “wishing for America to default”.
“Make no mistake, just like in a private company, these are losses. America is deeply unprofitable, far away from breaking even and if outsiders stop lending us money, we will go bankrupt. So, in case you didn’t know better, if you are still wishing DOGE to fail, you are wishing for America to default,” Palihapitiya wrote in the…
