Pinned to the top of Elon Musk’s X account is a six-minute clip of his recent three-hour interview with the podcaster Joe Rogan.

The involvement of Antonio Gracias, an investor who has known Elon Musk for two decades, suggests that Mr. Musk has made overhauling the Social Security Administration a priority.

Although federal officials have long recognized improper spending as a problem, it is not the main reason for the program’s dire financial outlook

The tech billionaire has repeatedly suggested, without evidence, that Social Security is rife with fraud, even as President Trump denies plans to cut those benefits.

Musk, the tech billionaire advising Trump, suggested that $500 billion to $700 billion in waste needed to be cut.

As Elon Musk continues to slash the budgets of government agencies at the behest of President Donald Trump, Social Security appears to be in the billionaire’s crosshairs. During an appearance on comedian Joe Rogan’s podcast last week, Musk criticized Social Security benefits, which are received by an estimated 72.5 million Americans.

Senate Finance Committee Democrats, led by Ron Wyden, to convene a hearing to investigate recent developments at the Social Security Administration (SSA).

Elon Musk has claimed that Social Security and other welfare programmes are plagued by fraud and improper payments, arguing that cutting $500 billion to $700 billion in government waste should be a key priority.