Overview

• Bill Gates condemned Elon Musk's decision to dismantle USAID, calling it a life-threatening move that jeopardizes global health and development efforts.
• Gates announced a $200 billion philanthropic plan to be executed over two decades, culminating in the closure of the Gates Foundation by 2045.
• He warned that the abrupt cessation of USAID funding risks the resurgence of diseases like measles, HIV, and polio, with life-saving supplies left to expire in warehouses.
• Musk admitted to an administrative error in canceling HIV prevention grants in Mozambique due to confusion between Gaza Province and the Gaza territory.
• Gates emphasized that private philanthropy cannot fill the $44 billion annual gap left by USAID, underscoring the critical need for government-led aid programs.