Although federal officials have long recognized improper spending as a problem, it is not the main reason for the program’s dire financial outlook

Pinned to the top of Elon Musk’s X account is a six-minute clip of his recent three-hour interview with the podcaster Joe Rogan.

The involvement of Antonio Gracias, an investor who has known Elon Musk for two decades, suggests that Mr. Musk has made overhauling the Social Security Administration a priority.

Elon Musk pushed debunked theories about Social Security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his crusade to reduce government spending.

Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead”

After labeling Social Security “a Ponzi scheme,” Elon Musk’s offensive against the social-insurance program took another aggressive turn.

The popular entitlement programs came with a warning label from Republican senators not to slash benefits as Democrats look to make the episode a wedge matter.

The world’s richest man claims, without evidence, that there’s $700 billion in “waste and fraud” he can cut from America’s core safety net programs

The tech billionaire has repeatedly suggested, without evidence, that Social Security is rife with fraud, even as President Trump denies plans to cut those benefits.

Elon Musk has claimed that Social Security and other welfare programmes are plagued by fraud and improper payments, arguing that cutting $500 billion to $700 billion in government waste should be a key priority.