On June 12, 2026, Forbes officially declared Elon Musk the world's first trillionaire, confirming the second half of the claim. The first half—that this same man cut children's cancer research—is supported by reporting from late 2024 and early 2025, though the picture is more nuanced than the viral post suggests.
In December 2024, Congress was preparing a 1,547-page spending package that included several pediatric cancer provisions, including reauthorization of the pediatric priority review voucher program and the Give Kids a Chance Act. According to The Cancer Letter and reporting from The Daily Beast, Musk, who had been appointed to lead government efficiency efforts by President-elect Trump, publicly demanded the bill be cut down. He celebrated on X when the package was reduced to 116 pages, writing "VOX POPULI! VOX DEI!" Several cancer research provisions were stripped from the final legislation, though one—the Gabriella Miller Kids First Research Act 2.0—was later passed separately with $63 million in funding.
Musk's role was that of a powerful outside influencer rather than a direct decision-maker. He did not personally cut any funding. Rather, he and Trump pressured congressional Republicans to shrink the overall bill, and cancer research provisions were among many programs that fell out. The Democratic National Committee framed it as Musk "slashing" $190 million in children's cancer research, a characterization that captures the political reality but simplifies the legislative process.
The claim that "the same man" both cut cancer research and became a trillionaire is therefore substantially accurate in spirit. Musk's pressure contributed to the removal of pediatric cancer provisions, and he has now reached trillionaire status. The claim might mislead readers into thinking Musk personally and directly eliminated cancer research funding, but the underlying connection between his actions and the funding cuts is well-documented.
Forbes provides definitive evidence on the trillionaire milestone. Multiple independent outlets confirm Musk's role in the December 2024 spending bill controversy. The evidence is strong on both points, though the older sources require careful contextualization.