In terms of demoralizing the federal workforce and demolishing the public sector, Elon Musk’s Department of Government Efficiency was a success.

In terms of actually saving money, though — its ostensible raison d’être — it was a dismal failure.

Musk vowed to slash $2 trillion in government “waste and fraud.” Then he lowered that target to $1 trillion, and behind the scenes reportedly promised Trump to save just a tenth of that figure. In the end, DOGE boasted on its website’s “Wall of Receipts” that it had saved around $215 billion — peanuts compared to its original promise.

But the actual amount of spending it slashed may be even lower than that. In a sweeping audit, the Government Accountability Office looked through the $110 billion that DOGE claimed it saved between January and July 2025, and found a trail of staggering incompetency that let loads of supposedly saved money fall through the cracks. That framing, though, could be too generous to Musk and his pimple-faced lackeys. You could also take the view that DOGE, in all likelihood, was deliberately cooking the books.

Per the GAO’s new report, released this month, DOGE claimed it terminated 13,476 contracts, but nearly 2,000 of them weren’t actually terminated. Spending-wise, about $27.4 billion of the purported savings came from these contracts that DOGE botched the terminations of.

The clumsy — or deceptive — bookkeeping didn’t end there. The receipts “includes leases identified for termination before [the group] was established,” the report states, as quoted by The Washington Post. And 108 of 264 of the leases it claimed it nixed “were already in process for termination.”

In all, the GAO found that over half of DOGE’s claimed $61 billion in contract savings couldn’t be verified or came from contracts that weren’t actually terminated. Similarly, 96 percent of the savings that it claimed came from grants couldn’t be verified by the accountability office, either.

Last August, an investigation by Politico found that of the $52.8 billion that DOGE had claimed to save by cancelling contracts at the time, its actual savings were closer to just $1.4 billion. To calculate how it saved money, DOGE dubiously used the maximum spending limit listed on the contracts it axed, figures that in practice are much higher than what the government ends up spending.

At the time, government procurement expert Jessica Tillipman told the outlet that the practice was akin to “taking out a credit card with a $20,000 credit limit, cancelling it and then saying, ‘I’ve just saved $20,000.'”

More on Elon Musk: Columbia Economist Baffled as to Why the Masses Aren’t Rising Up Against Elon Musk

The post Elon Musk’s Efforts to Cut Spending in the Government Were So Incompetent That It’s Shocking, Internal Analysis Finds appeared first on Futurism.

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it.

On the latest episode of Equity, we spoke to Jill Lepore about "government by machines" and why Elon Musk is a bad science fiction reader.

It won't come as a surprise that Trump's Department of Government Efficiency (DOGE) didn't save taxpayers nearly as much as it claimed. Analysis from outside the government showed savings claims were heavily inflated, and now the government's own watchdog has said it wasn't able to confirm savings claims made in DOGE's so-called "Wall of Receipts."

For example, DOGE reported savings of $49.2 billion from cutting grants, but almost none of it could be verified, the US Government Accountability Office (GAO) said in its report yesterday. The GAO is the auditing and investigating arm of Congress and issued the DOGE report in response to a June 2025 request from Sens. Gary Peters (D-Mich.) and Richard Blumenthal (D-Conn.).

"The Wall of Receipts did not provide sufficient information to verify the method DOGE used to calculate savings, or what the savings consisted of, for 13,553 of the 15,887 grants it reported as terminated. This corresponds to about 96 percent of the DOGE-reported grant savings," the GAO report said.

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Elon Musk says robots could build SpaceX factories on the Moon, but the ambitious lunar manufacturing plan has no disclosed budget or timeline.

We certainly wouldn’t blame you for having completely forgotten that last year, Elon Musk tried to reinvent Wikipedia because he thought it was too woke.

In October, his AI startup xAI launched Grokipedia, named after its AI chatbot. The encyclopedia stole human-written and edited pages from Wikipedia wholesale and ran them through a large language model, which also fielded user-submitted edits, to better reflect Musk’s contorted worldviews.

The site was hardly an exemplary of objectivity. It was quickly found to heavily cite an infamous neo-Nazi forum as a source of information, desperately tried to paint Tesla’s Cybertruck as a successful and desirable electric pickup truck, and validated Musk’s favorite conspiracy theories. But it was a major cultural moment, garnering countless stories in the media and discussions on podcasts over Musk’s attempt to control the spread of information.

Perhaps unsurprisingly, the desperate attempt to twist the largest online encyclopedia in human history into an extension of an almost-trillionaire’s bigoted mind appears to have ground to a screeching halt — and, damningly, barely anybody seems to have noticed.

According to a new investigation by Lawfare, Grokipedia appears to have entirely stopped updating itself sometime earlier this year. Reviewing suggested edits from humans has also ground to a halt.

“As far as we can tell, no entry has changed in more than three months,” Lawfare concluded of the site, which is now owned by SpaceX since it merged with Musk’s AI efforts.

Worse yet, the site’s edit log appears to have broken completely as well, making it impossible to track which user-suggested changes were “accepted” or “rejected” by the AI.

By January, the Tow Center for Digital Journalism had already observed that xAI’s Grok was making more edits to its own articles than acting on human-suggested ones, suggesting a bottoming out of interest for the project.

Since then, it has turned into a ghost town, a completely redundant and misinformation-filled copy of Wikipedia, which remains one of the last bastions of human-edited and verified sources of information on the internet.

Even when Lawfare submitted an “uncomplicated factual update” about SpaceX having launched its IPO in June — an irrefutable fact that any allegedly “open source, comprehensive collection of all knowledge” should probably include — the Grokipedia entry remained stagnant.

Even pages that are purportedly drawing millions of views aren’t updating. The most recent approved update Lawfare could locate — to the entry about OpenAI’s ChatGPT — dates back to April 24.

As of today, Lawfare found that that there are 13,002 suggestions that “sit unresolved, trapped ‘in review.'”

“Altogether, what we found was that the ‘live’ change feed is gone, past decisions were retroactively reverted without explanation, new decisions are not being issued, and article text appears frozen (and, in some cases, outdated),” the publication concluded. “We do not know whether xAI is preparing a major revision or has altogether abandoned active development of the project.”

It’s a precarious situation. Despite having been abandoned, Similarweb data suggests Grokipedia received over six million visits in June alone. Hundreds of thousands of sites are also still citing Musk’s encyclopedia, which could spread misinformation even further.

Futurism has reached out to SpaceX for an update on the project, but considering the reputation of Musk’s companies and their refusal to interact with the media, we’re not holding our breath for a response.

More on Grokipedia: Elon Musk Is Not Beating the Allegations: Grokipedia Cites a Hardcore Nazi Website 42 Times

The post Grokipedia Appears to Have Completely Broken and Nobody Noticed appeared first on Futurism.

Tesla and SpaceX have confirmed where they’ll build Terafab, the semiconductor megafactory Elon Musk first teased in March. It’s going to Grimes County, Texas, about an hour northwest of Houston.

The companies put the initial phase at roughly $16.8 billion and said the finished site will span more than 100 million square feet, which they’re calling the largest chip manufacturing facility on the planet.

Investors were not impressed by SpaceX’s first-ever earnings report earlier this week. Shares dropped by more than ten percent, even after the company reported higher than expected revenue — comforting financial news which, unfortunately for CEO Elon Musk, was overshadowed by the venture’s massive AI spending.

The same day, SpaceX insiders, including employees and executives, got their first real opportunity to turn their holdings into cash after the total shares available for trading grew from around 639 million to 1.55 billion, a chunk of the stock valued at just over $100 billion being unlocked.

As Reuters put it, investors now faces an “irresistible opportunity to cash out.”

“This has to be the most talked-about lockup in the history of IPO lockups,” institutional ​brokerage firm R.F. Lafferty & Co CEO Robert Hackel told the agency. “You are going to see a lot of exits.”

It’s no wonder Musk’s rocket company is facing massive pressure this week. Shares are down more than 28 percent over the past month, currently hovering around $114, which is miles below its mid-June record high of $225.

SpaceX’s massive volatility briefly made Musk the world’s first trillionaire — only for him to lose that title once his rocket company’s stock came crashing back to Earth.

Its current share price is also low enough to keep an additional 455 million shares locked up, since it’s still south of its $135 IPO price, setting the stage for even more volatility if it were to claw itself back to that point.

Musk remaind steadfast in his ambitious vision for the company, from orbital data centers to a fleet of humanoid robots that would enable large scale manufacturing on the surface of the Moon.

During Tuesday’s earnings call, he admitted that his plans sound “totally nuts” and “super sci-fi right now,” but maintained that “it’s going to happen.”

Whether investors continue to buy into his vision, though, is anything but guaranteed. SpaceX’s success so far this year has largely been built on hype surrounding AI. The company was merged with Musk’s AI startup, xAI, bringing in plenty of new investors — but saddling it with billions of dollars in additional debt.

Its space ambitions hinge almost entirely on the success of Starship, a super-heavy launch platform that has yet to complete a single successful flight and landing.

SpaceX’s revenues, meanwhile, are heavily dependent on its Starlink satellite internet service. There’s certainly good news there, but the program also saw its average revenue per user drop over the last quarter, rattling investors.

In short, SpaceX’s path to profitability is inextricably linked to the belief that Musk’s sci-fi dreams can be turned into reality in a short enough time period that the dream won’t collapse in on itself.

“SpaceX wants to tell the story they’re the market leader,” The Westly Group founder Steve Westly told CNBC. “But people still have these questions: how quickly can they grow? How big are the costs going to be before this thing gets to profitability?”

More on SpaceX: SpaceX Achieves Its First Moon Landing by Accidentally Crashing Into It at 5,400 Miles Per Hour, Causing Huge Explosion and 60-Foot Crater

The post SpaceX Now Faces a Terrible Peril appeared first on Futurism.

Being unbelievably wealthy comes with powerful perks — like getting away with being too cheap to pay people the money they’re owed.

This, allegedly, is what Elon Musk is doing with one of the contractors who helped build his sprawling Colossus data centers near Memphis. 

The contractor, Ohio-based Darana Hybrid, has filed two liens against SpaceXAI — formerly known as xAI, before being merged into SpaceX — demanding that Musk’s firm pay more than $136 million for the work it’s done since 2024, the Memphis Business Journal first reported.

“The contractors are alleging they haven’t been paid for years of construction work,” Dima Amro, the reporter who broke the story, told Action 5 News.

Musk’s rapid construction of the two Colossus data centers in the Greater Memphis area has been the center of controversy. To quickly get the facilities online, the company brought in heavily polluting gas turbines that residents complain is making the air hard to breathe. Laggardly payments could be further evidence of the expedient means SpaceXAI took to get the data centers operational as quickly as possible.

According to the Shelby County Register of Deeds website, Darana Hybrid has filed two liens against SpaceXAI, one demanding $18 million for construction at the first Colossus facility near Boxtown, and another for more than $118 million for work at the second facility in Whitehaven.

And that could be just the start. Darryl Cuttell, Darana Hybrid’s owner, is reportedly expected to file more liens, bringing the total money owed to over half a billion dollars.

“So it looks like more liens are going to be coming to the surface,” Amro told Action 5 News. “About $400 million more worth of liens. I was told that that would be filed in Mississippi for the SpaceXAI facilities there.”

According to the reporting, two other companies, USW-Menard Inc and TorcSill Foundations, have also filed liens totalling more than $2.2 million for work done at SpaceXAI’s data center facilities.

The alleged hundreds of millions of dollars in missing money is upending Cuttell’s life, Amro says.

“He said he hasn’t slept in over four months. He’s lost a lot of weight. And he feels like there’s no future right now after filing those liens,” she told Action 5 News.

This isn’t the first time Musk has been accused of ripping off the smaller companies that helped build his business empire. A 2025 investigation by CNN found that contractors for Musk’s automaker Tesla had filed liens for more than $110 million of unpaid money in the past five years, with many of the contractors being small mom-and-pop operations.

More on Elon Musk: Columbia Economist Baffled as to Why the Masses Aren’t Rising Up Against Elon Musk

The post Elon Musk Allegedly Stiffing Contractors on Huge Bills appeared first on Futurism.

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.