The fate of the US Agency for International Development appeared bleak Monday after Elon Musk, the world’s richest man charged with overhauling the federal government, said President Donald Trump had signed off on shutting the agency down.

The developments come after Elon Musk said that he had spoken with President Donald Trump about the aid and development agency and “he agreed we should shut it down.”

The agency is the world's biggest donor, dispensing billions in humanitarian aid and development funding annually.

Amid ongoing turmoil inside the U.S. Agency for International Development, sources say that Department of Government Efficiency staffers have moved to take over offices.

The administration is on the verge of shutting the U.S. Agency for International Development, according to the administration's billionaire adviser and Tesla CEO Elon Musk.

Equipment and supplies for the Urban Search and Rescue team from Fairfax, Virginia, and USAID to help in support operations for victims of the earthquake in Turkey are loaded onto a transport plane at Dover Air Force Base,

Billionaire and Trump ally Elon Musk said early Monday that his DOGE team is in the process of closing USAID, the world’s largest provider of food assistance.

Musk, whose Department of Government Efficiency is leading Trump’s drive to shrink the federal government, has announced work is underway to shut down the US foreign aid agency USAID. Its website is currently down.