Elon Musk just revealed that the government handed the Navy $12 billion to build new submarines—and not a single submarine was built.

X ^ | Feb 28, 2025 | Vigilant Fox

[george76]

Elon Musk just revealed that the government handed the Navy $12 billion to build new submarines—and not a single submarine was built.

When investigators asked where the money went, Navy officials shrugged and said they had no idea.

“There’s a case where I think Senator Collins was telling me about how she gave the Navy $12 billion for more submarines, got no extra submarines, and then held a hearing to say where the $12 billion go.

“And they were like, we don’t know. That was it. I mean, basically, stuff is so crazy. Only the federal government could get away with this level of waste,” Musk said.

...

Maybe someone should check with General Dynamic Electric Boat division, which is in Senator Collins' district

[Gene Eric]

infuriating

[Erik Latranyi]

General Electric Boat is in Connecticut. Collin’s represents Maine.

[Texas Eagle]

I think it went to sponsor a NASCAR team >

[cgbg]

Yup—the Pentagon is one of the big budget-busters with mind boggling waste, fraud and abuse.

[Ronald77]

Who’s pockets did it end up in? Someone in the navy had to be involvef , or they would have said something.

[Republican Wildcat]

Right, and there are also no US Senate “districts”

[Big Red Badger]

Shrug yer shoulder
Roll yer eyes
Callem a B-tch

[lee martell]

I didn’t think ignorance would be any acceptable excuse!

[Beowulf9]

Par for the course with the dems.

[Secret Agent Man]

And they think this is an acceptable answer for accounting for 12 billion dollars and zero submarines.

[Leaning Right]

Maybe the Navy spent all that money on submarines that were advertised on the back of magazines. Back when I was a kid, I ordered one of those. The darn thing never did work.

[Sacajaweau]

My grandson is an engineer at EB.

[Sacajaweau]

It takes a while to design and build a new sub. They recently launched a new one.

I'm gonna take a wait and see on this one.

[HIDEK6]

Navy officials shrugged and said they had no idea.

Kick Back

[hardspunned]

Usually they build them all, rebuild them all, redesign them all, rebuilt them all, all the while maintaining them all. Then contract to have them scrapped after a decade or two of cost overruns.

We got off cheap on the subs! I think we blew well over $100Billion on the Littoral Ship fiasco.

[llevrok]

General Electric Boat is in Connecticut. Collin’s represents Maine.

Correct. But to semantics: Bath Iron Works, owned by General Dynamics, is in Bath Maine

[ridesthemiles]

THAT would sponsor a NASCAR team for about 25 years.

[TheSheliak]

Funny enough a blockchain replacement of USD would/should make it much harder to launder and ‘disappear’ money. Current fiat currency is a pure illusion of numbers that are created and destroyed like virtual particles.

[suasponte137]

No, those submarines are there. You just can’t see them because they’re under water right now.

And they only come up at night once every six months. Super secret stuff. Now move along, please