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Musk agrees US debt could reach $50 trillion
21 August 2026 11:01
US billionaire Elon Musk has endorsed a projection showing the country’s national debt could reach $50 trillion by 2030.
“Accurate graph,” Musk wrote on his social media platform X in response to an image depicting the projected increase in US debt. The post also suggested that such a level of debt could lead to severe economic consequences, Caliber.Az reports.
Accurate graph 😂 https://t.co/gn0x0ZWy6u
— Elon Musk (@elonmusk) August 20, 2026
The US national debt has risen sharply in recent years, increasing from around $20 trillion in 2017 to a record $40 trillion, according to previously reported figures.
By Sabina Mammadli
Caliber.Az
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