Elon Musk: As bad as Twitter was, the federal government is much worse. At least, Twitter passed audits. “Twitter was at least break-even, and it had to pass an audit. The federal government is literally losing $2 trillion a year, and it fails its own audits. There's a case where, Senator Collins gave the Navy $12 billion for more submarines, got no extra submarines, and then held a hearing to ask where the $12 billion went. And they were like, we don't know—that was it. Only the federal government can get away with this level of waste. The reason I'm putting so much effort into this is that I think it is a very dire situation. America's going bankrupt. That just can't happen.” The Joe Rogan Experience, February 28, 2025