Elon Musk: “Payments [from the Treasury] have no payment categorization…”

“That's responsible for almost $5 trillion payments a year, roughly a billion dollars an hour. And when we came there, we're looking at this payment. It's like the Payments [from the Treasury] have no payment categorization code and no description on the payment. like basically untraceable blank checks. This is the kind of thing that if it was done as a public company, the company would be immediately delisted and the executive team would be thrown in prison.” (22:29–32:06)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.