Elon Musk’s Department of Government Efficiency (DOGE) has uncovered a staggering $330 million in loans allegedly disbursed by the U.S. Small Business Administration (SBA) to deceased individuals and even people yet to be born.
Speaking in an interview with Fox News on Thursday, Musk revealed that his team discovered the SBA approved loans for individuals listed as being over 120 years old and others with birthdates far in the future — some as late as the year 2165.
“Is the Small Business Administration giving loans to dead people, people over the age of 120? The answer was yes — and it was around $330 million in total,” Musk stated in a video clip obtained by Daily Post. He added, “We’re talking about your great-grandchildren. This is either fraudulent or someone entered the birthday wrong.”
The findings raise fresh concerns about the oversight and accountability of U.S. government spending, particularly within agencies tasked with financial relief and small business support.
Since DOGE’s establishment earlier this year, the team has launched a series of investigations aimed at rooting out inefficiencies and fraud within the federal system. In April, the agency claimed to have uncovered substantial funding to a nonprofit accused of distributing sexually explicit content to minors.
DOGE’s latest revelations add to growing scrutiny over how billions in government funds have been managed or misappropriated across various programs.
The SBA has not yet issued a response to the allegations.
