DOGE cost-cutter-in-chief Elon Musk likened the U.S. retirement system to a pyramid scheme during a podcast with Joe Rogan.

Musk called Social Security a "Ponzi scheme," a remark that has drawn significant backlash from Democrats and critics.

Tech billionaire Elon Musk, head of the so-called “Department of Government Efficiency” (DOGE), purported on Friday that Social Security is a “Ponzi scheme” — a false claim that is likely an attempt to lay the groundwork for DOGE to target the highly popular agency for mass spending cuts.

The tech billionaire said Social Security is "the biggest Ponzi scheme of all time" during a podcast with Joe Rogan last week.

Rep. Rosa DeLauro (D-Conn.), the top Democrat on the House Appropriations Committee, slammed the new House Republicans’ six-month stopgap funding bill, claiming it is a “blank check” for tech billionaire and close President Trump adviser Elon Musk.

His unusual governing arrangement with President Trump is opening Republicans up to being yoked politically to Mr. Musk, who polls show is broadly unpopular.

When unelected President Elon Musk isn’t busy firing ... President Donald Trump and allegedly led by Musk has already pushed the Social Security Administration to announce a plan to cut more ...

DOGE cost-cutter-in-chief Elon ... new investors. “Social Security is the biggest Ponzi scheme of all time,” Musk said. The national press office for the Social Security Administration could ...