Politics

Musk says he is working to shut down “beyond repair” USAID

Reuters By David Shepardson and Chris Sanders,

Credit: USAID U.S. Agency for International Development

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USAid
Money Laundering
Elon Musk
DOGE

Billionaire Elon Musk, who is heading U.S. President Donald Trump's drive to shrink the federal government, gave an update on the effort early Monday, saying work is underway to shut down the U.S. foreign aid agency USAID.

Musk, who is also CEO of Tesla (TSLA.O)

, opens new tab and SpaceX, discussed the Department of Government Efficiency (DOGE) in a social media talk on Monday on X, which he also owns. Trump has assigned Musk to lead a federal cost-cutting panel.

The conversation, which included former Republican presidential candidate Vivek Ramaswamy and Republican Senators Joni Ernst and Mike Lee, began with Musk saying they were working to shut down the United States Agency for International Development (USAID).

"It's beyond repair," Musk said, adding that President Trump agrees it should be shut down.