Musk says USAID will be shut down in government cost-cutting drive

Billionaire claims world's top aid body is 'beyond repair'

20250203 USAID

The shadow of a Philippine Army personnel is cast on boxes of relief items from the U.S. Agency for International Development (USAID) for the victims of super typhoon Haiyan, at Villamor Air Base in Manila in 2013. © Reuters

WASHINGTON (Reuters) -- Billionaire Elon Musk, who is heading U.S. President Donald Trump's efforts to shrink the federal government, gave an update on the effort early Monday, saying they are working to shut down the U.S. foreign aid agency USAID.

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

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