SpaceX and Tesla CEO Elon Musk made an explosive prediction ahead of the U.S. Presidential elections on the U.S. economy. Musk warned that the U.S. is rapidly heading towards bankruptcy due to government overspending. The tech billionaire made these remarks while reacting to a post on X (formerly Twitter), citing a forecast from the U.S. government budget for fiscal year 2025. According to the report, the budget deficit could rise to $16.3 trillion by 2035, raising concerns about the nation's financial future. Watch for more.
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