
Elon Musk launches 'America Party' enters U.S. political scenario
'Today, the America Party is formed to give you back your freedom,' Musk posted on X (formerly Twitter), referencing a recent poll he conducted where nearly two-thirds of respondents supported the creation of a new political party. 'By a factor of 2 to 1, you want a new political party and you shall have it!'
Musk, who was previously a significant donor and close supporter of Trump during the 2024 elections, has publicly parted ways with the president. As the former head of the now-disbanded Department of Government Efficiency, Musk had championed aggressive cost-cutting measures. His criticism of the new federal spending bill — which economists estimate will add $3.4 trillion to the national deficit over ten years — led to a sharp fallout with the Trump administration.
Calling the bill 'debt slavery,' Musk accused both parties of operating under a single agenda. 'We live in a one-party system, not a democracy,' he wrote. The friction escalated when Trump retaliated with threats to cut federal funding to Musk's companies and hinted at the possibility of deporting the South African-born entrepreneur.
The idea of launching a third party was once viewed as improbable for Musk, but the groundswell of public support via social media appears to have fueled his resolve. On July 4, Musk posted a poll asking users whether the U.S. needed independence from the entrenched two-party system. The results: 65.4% voted 'Yes.'
With the formation of the America Party, Musk positions himself as a champion of fiscal responsibility and political reform — and potentially a formidable disruptor in the run-up to the next election cycle.
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