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Elon Musk Tells Ted Cruz Government Has 'Magic Money Computers' That 'Make Money Out Of Thin Air'

  • Elon Musk stated that the federal government has 'magic money computers' that create taxpayer funds 'out of thin air' during an interview with Senator Ted Cruz.
  • Musk expressed concerns about waste and fraud in government, estimating an 80% waste and 20% fraud ratio, particularly involving nonprofit salaries and expenses.
  • He identified at least 14 'magic money computers' in federal departments and emphasized the need for oversight to tackle waste and fraud.
  • Musk also stated that the United States will win the race for artificial intelligence in the near term, but that long-term success over China will come down to which nation has the stronger manufacturing base.
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RedState broke the news in Washington, United States on Monday, March 17, 2025.
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