During a livestremed talk with Stagwell Inc. CEO Mark Penn, tech billionaire Elon Musk admits that the newly formed Department of Government Efficiency may not reach its goal.

Discussions at the Center for Particle Cosmology are currently underway to select the next speaker for the Elon Musk Public Lecture series, which was last held in 2023.

"I guess it will be a bit like being retired," Elon Musk told Stagwell's Mark Penn during a freewheeling conversation on X @Live during CES Wednesday night.

Elon Musk is backing away from his campaign trail commitment to trim $2 trillion in government spending. While stumping for Donald Trump days before November’s presidential election, the billionaire GOP donor told cheering fans he would help the new administration cut “at least” that amount from the federal budget.

Republican budget guru Elon Musk admitted Wednesday that his vision of $2 trillion in spending cuts is not very realistic. The billionaire entrepreneur and President-elect Donald Trump consigliere said in an interview on his website X with Mark Penn,

Tesla CEO Elon Musk had previously penciled in a target of $2 trillion ... I think that’s like the best-case outcome,” Musk told Mark Penn, chairman and CEO of marketing business Stagwell, in a live interview on X. “I think if we try for $2 trillion ...

Indeed, Musk suggested that synthetic data — data generated by AI models themselves — is the path forward. “The only way to supplement [real-world data] is with synthetic data, where the AI creates [training data],” he said. “With synthetic data … [AI] will sort of grade itself and go through this process of self-learning.”

Elon Musk has admitted that his latest gig as the leader of Donald Trump’s Department of Government Efficiency—a project humorously titled D.O.G.E—might not deliver on its ambitious promises. Elon, who initially said he could slash $2 trillion from the federal budget,

Getting humans to Mars has long been an obsession for SpaceX CEO Elon Musk. On Monday, that project got a full endorsement from the newly sworn-in president. During his inaugural address, President Donald Trump promised he would “pursue our manifest destiny into the stars,

The cumulative sum of human knowledge has been exhausted in AI training,” Musk said. “That happened basically last year.”