Elon Musk just pulled back the curtain on what’s really fueling government waste and fraud. Speaking with Senator Ted Cruz, he revealed there are at least 14 “magic money computers” that can “send money out of nothing,” meaning these government systems are issuing trillions in payments with little oversight or real-time accountability.
Musk explained that these computers don’t operate in a way where they “talk to each other.” Instead, Musk explained they function in a way that allows money to move through government agencies unchecked, sometimes in ways that don’t align with official records.
The numbers lawmakers see aren’t always accurate, with government books potentially off by 5% to 10%. That could mean up to hundreds of billions in taxpayer dollars are misallocated or disappearing, while the actual financial activity remains hidden deep inside these systems.
“So you may think that the government computers all talk to each other. They synchronize, they add up what funds are going somewhere, and it’s coherent that the numbers, for example, that you’re presented as a senator are actually the real numbers. They’re not,” Musk explained.
“They’re not totally wrong,” he continued. “They’re probably off by 5% or 10% in some cases. So I call it Magic Money Computer. Any computer which can just make money out of thin air. That’s Magic Money.”
“So how does that work?” Ted Cruz asked.
“It just issues payments,” Musk answered. “I think we found now 14 magic money computers. They just send money out of nothing.”
Elon Musk just pulled back the curtain on what’s really fueling government waste and fraud. Speaking with Senator Ted Cruz, he revealed there are at least 14 “magic money computers” that can “send money out of nothing,” meaning these government systems are issuing trillions in… pic.twitter.com/lxrvLT4NJP
— The Vigilant Fox 🦊 (@VigilantFox) March 18, 2025