Elon Musk Warns of U.S. Debt Crisis at All-In Summit, Market Uncertainty Persists

Elon Musk, CEO of Tesla and X, delivered a sobering warning regarding the US national debt at the September 10th All-In Summit. He highlighted that interest payments now exceed defense spending, reaching a staggering $37 trillion. This revelation underscores potential financial instability, with implications for cryptocurrencies such as Bitcoin and Ethereum, facing heightened macroeconomic risks.