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Elon Musk, a former ally of US President Donald Trump, said Saturday he had launched a new political party in the United States to challenge what the tech billionaire described as the country's "one-party system." "When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk, who had a bitter falling out with Trump after leading the president's effort to slash spending and cut federal jobs, posted on X. "Today, the America Party is formed to give you back your freedom." WATCH.
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Hindustan Times
37 minutes ago
- Hindustan Times
‘What's Truth Social?': Elon Musk goes all out on X for his 'America Party'
The feud between SpaceX and Tesla boss Elon Musk and US President Donald Trump continues to escalate. Shortly after Trump's latest attack on Truth Social against Musk for floating a third 'America' party, the tech mogul took to X and said he had never heard of the social media platform. Musk's response on X comes after a user shared Trump's latest rant against the former advisor. In the post, the US president referred to the Tesla boss as a 'trainwreck' for trying to start a third party.(via REUTERS) Musk's response on X comes after a user shared Trump's latest rant against the former advisor. In the post, the US president referred to the Tesla boss as a 'trainwreck' for trying to start a third party. In response to Trump's post, Musk claimed he had 'never heard' of Truth Social. Also Read: 'America Party for...': What Elon Musk promises with new political party amid tussle with Trump Musk, who was one of the biggest donors for Trump's 2024 presidential campaign, had previously claimed that the president's social media platform, Truth Social, was beating out X (formerly Twitter) and TikTok on the Apple Store. Also Read: How Donald Trump-Elon Musk tensions went from bad to worse in days Musk continues America Party campaign Amid the back and forth with Trump, Elon Musk has continued to create the momentum for his new party - America Party - with a series of posts and reactions on X. In a post shared right after he claimed he had never heard of Truth Social, Musk reiterated that the America Party was needed to fight the 'Republican/Democrat uniparty.' Musk has also been vocal about his distrust and dissatisfaction regarding the 'Big, Beautiful Bill', which was one of the key reasons the tech mogul floated the idea of launching a third party to 'save the middle man.' Despite his multiple posts, the America Party is yet to be officially registered with the Federal Election Commission.
Hindustan Times
37 minutes ago
- Hindustan Times
Trump's former fixer says Musk should DM him for a lifeline amid the feud with POTUS
One of Trump's most infamous former allies weighed in on the escalating feud between Elon Musk and President Donald Trump. Michael Cohen warns Elon Musk about the repercussions of criticizing Donald Trump. (Reuters ) The Tesla boss, once seen as an ally of Trump and even tapped to head the Department of Government Efficiency during his presidency, has taken a sharp turn in recent weeks. Musk has openly criticised Trump on social media, going so far as to slam the former president's 'One Big Beautiful Bill' and even link him to the Epstein files. He further roiled feathers by saying that the Republicans would not have been the winners of the 2024 elections without his support. ALSO READ| 'Ridiculous', 'gone off the rails': Trump after Musk floats America Party But amid the war of words, Musk got a curious message out of the blue from one familiar with Trump tricks, his ex-fixer and personal attorney, Michael Cohen. What message does Cohen have for Musk Cohen, who has served time in federal prison for campaign finance violations and tax fraud, took to X (formerly Twitter) last month to directly address Musk. '@elonmusk I told you this would happen. If you want to know how to fight political guerrilla warfare, DM me! Otherwise, you lose,' Cohen wrote. 'Let me make something crystal clear: no one; not Bannon, not Jared, not Rudy, not me, and definitely not Elon, has ever been more important to Trump than Trump. The 'bromance' is never about you. It's about what he can extract from you. Your loyalty. Your power. Your credibility. Your money. And when it's over, it's not just over; it's scorched earth,' he doubled down. He also cautioned that Trump has 'the full weight of the federal government behind him,' and suggested Musk had made 'the classic mistake of believing he was untouchable.' ALSO READ| Why Tesla CFO Vaibhav Taneja is listed on Elon Musk's America Party docs. What does a treasurer do? Last month, Trump's former fixer told MSNBC's Ali Velshi that Trump won't leave Musk in peace. 'They're going to really go after Elon Musk like nobody has seen, ever, in this country, because they can,' he said. 'And one thing Elon doesn't understand is this political guerilla warfare that they're going to conduct against him.'
Mint
41 minutes ago
- Mint
Mint Quick Edit: Elon Musk's new ‘America Party' has spotted a gap in US politics
Next Story Mint Editorial Board There's space for a fiscally responsible voice and Musk's America Party seems keen to stir a rebellion on the right, but his business interests could get in the way of his political venture. Elon Musk himself can't be president of the US as he was not born there, but the country is arguably in need of a political voice for fiscal responsibility. Gift this article Billionaire Elon Musk is not about to exit US politics. Over the weekend, he launched the America Party to take on both the Republican and Democratic parties. Billionaire Elon Musk is not about to exit US politics. Over the weekend, he launched the America Party to take on both the Republican and Democratic parties. This is what Musk had threatened after his falling-out with Republican US President Donald Trump over the latter's One Big Beautiful Bill, which was passed by American lawmakers despite Musk's fierce objections to the huge overload of public debt it would result in. Also Read: X factor: The rise and fall of Elon Musk as a political figure This criticism is valid. Over time, it could lead to the US inflating its debt away, even practising financial repression. It's also true that Musk's own business interests are hurt by the legislation's withdrawal of clean-energy incentives. Tesla, his electric car company, has been doing poorly even with state support. Musk himself can't be president of the US as he was not born there, but the country is arguably in need of a political voice for fiscal responsibility. Also Read: Musk's woes: Tesla hit refresh on its EVs but it hasn't worked The billionaire seems keen to rally Republicans who may privately be alarmed by Trump's governance. Whether he is the ideal leader of such a rebellion on the right is another matter. The wealthy assuming political power is common in America, but Musk's agenda will be under close scrutiny. Topics You May Be Interested In Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
