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Billionaire tech mogul Elon Musk announced Saturday he’s launching a new political party — the latest salvo fired in his ongoing feud with President Trump.
“By a factor of 2 to 1, you want a new political party and you shall have it!” Musk said on his X social media platform, referring to an online poll he created a day earlier.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom.”
Musk did not offers details on how he’d form the new America Party, but it would be a complex process, with the rules to get on ballots varying in each state. The effort could also face legal challenges.
Peeved by Republicans’ passage of the One Big Beautiful Bill Act, Musk declared on X Friday that “Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system!”
Of Musk’s 1.2 million followers who voted, 65.4% backed creating an “America Party” and 34.6% shot the idea down.
Last month, Musk dramatically turned against Trump and his second-term agenda legislation, calling it “pork-filled” and a “disgusting abomination.”
Publicly, the Tesla and SpaceX owner has cited concerns about the bill’s impact on the deficit, to which the legislation is projected to add about $3.9 trillion over the next decade.
Musk spent hundreds of millions of dollars helping Trump get re-elected, and he served as the driving force behind the Trump administration’s Department of Government Efficiency, or DOGE, cost-cutting initiative, causing fierce personal and professional backlash.
Trump earlier this week threatened to cut off billions of dollars in subsidies that Musk’s companies receive from the federal government.
Musk said previously he’d start the new political party and spend money to unseat lawmakers who supported the bill.
Republicans have expressed concern that Musk’s on-again, off-again feud with Trump could hurt their chances to protect their majority in the 2026 midterm congressional elections.
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