Former President Donald Trump said on Monday evening that he would “love” for Elon Musk — the owner of X and CEO of Tesla, SpaceX, Neuralink, and The Boring Company — to work on a new government commission dedicated to eliminating wasteful government spending.

Trump made the remark during a conversation with Musk on X Spaces while the two were discussing the root cause of inflation and how to solve the problem.

“Inflation comes from government overspending, because the checks never bounce when it’s written by the government,” Musk said. “So if the government spends far more than it brings in, that increases the money supply, and if the money supply increases faster than the rate of goods and services, that’s inflation.”

Musk, highlighting the need to reduce spending, then proposed a Government Efficiency Commission that would evaluate all of the government’s spending and cut out spending that was not sensible so that the government can get back to living within its means.

“We’re currently adding, I think, a trillion dollars to the deficit every roughly every 100 days,” Musk said. “And you know, the interest payments on the national debt have now exceeded the defense budget.”

A few minutes later, Musk asked Trump if he agreed that it was time to create a Government Efficiency Commission to eliminate wasteful spending, to which Trump responded, “yes.”

“I think it would be great to just have a Government Efficiency Commission that takes a look at these things and just ensures that the taxpayer money, the taxpayer’s hard earned money, is spent in a good way,” Musk added a few moments later. “And I’d be happy to help out on such a commission if it were formed.”

“I’d love it,” Trump responded. “You’re the greatest cutter.”

WATCH:

Elon Musk tells Trump that he would like to work on a Government Efficiency Commission to cut out wasteful government spending that is driving inflation.

Trump responds by saying, “I’d love it” and calls Musk “the greatest cutter” of inefficiencies inside organizations. pic.twitter.com/wiGMy4PfFM

— Ryan Saavedra (@RealSaavedra) August 13, 2024

Vice President Kamala Harris lashed out at Elon Musk on Monday as the billionaire tech entrepreneur spoke with her 2024 rival, former President Donald Trump, in a Spaces discussion on X.

An email from Harris’ presidential campaign, which contained links to online fundraising platform ActBlue, featured the headline, “The two worst people you know are live this evening.”

It took multiple swipes at Musk, saying, the “richest person in the world is a lackey for Team MAGA,” and claiming that Musk was “using his vast fortune and broad reach to try to control our democracy.”

President Trump has been speaking for over an hour to over a million people about his winning agenda for the American people.

Kamala is BIG MAD about this as she refuses to speak to the media, do an interview, or even explain what platform she is even running on.

So pathetic. pic.twitter.com/H9KO7bErs7

— Trump War Room (@TrumpWarRoom) August 13, 2024

The email also claimed Musk “ruined” Twitter, which is what X was called before he bought and rebranded it, and insisted the Tesla CEO was allowing disinformation and free speech to spread across the platform.

X is where Trump’s campaign fired back.

“President Trump has been speaking for over an hour to over a million people about his winning agenda for the American people,” the Trump campaign said in a post to X, along with a screenshot of the fundraising email.

“Kamala is BIG MAD about this as she refuses to speak to the media, do an interview, or even explain what platform she is even running on,” the post added. “So pathetic.”

The Spaces talk with Trump got off to a glitchy start, though it managed to proceed following a brief delay. Musk said X, formerly known as Twitter, appeared to have endured a “massive” DDOS attack.

Musk said he was calling his Spaces chat with Trump a “conversation” so that people can understand how Trump talks in a conversation rather than an interview. “Nobody is quite themselves in an interview, so it’s hard to understand what they’re really like,” he added.

Earlier in the day, Trump’s X account started to come alive for the first time in nearly a year with a flurry of posts, including one that asked, “Are you better off now than you were when I was president?”

Musk announced last month he would be supporting Trump after the former president survived an assassination attempt during a campaign rally in Pennsylvania. He has also reportedly gotten behind a pro-Trump super PAC.

On Wednesday, after Trump first revealed he would be speaking with Musk, the X owner suggested that he would be “open” to having a similar discussion with Harris.