That doesn't feel like a very convincing argument if you already believe that Elon, Donald, etc don't have the interests of the American taxpayers in mind... Given that they are also American taxpayers.
How are the real taxpaying Americans supposed to hold them accountable? Where is the oversight board looking to ensure essential social services stay available? It all seems like a recipe for disaster - love them or hate them, Elon and Trump have obvious conflicts of interest that make this process disturbing.