
Tech Billionaire Launches The America Party
Elon Musk has announced the formation of a new US political party called The America Party through his social media platform X. The announcement followed a poll where Musk asked his 221 million followers whether they supported creating a new party, with over 65% of 1.2 million respondents voting in favor.
Breaking from Trump Administration
Musk previously served as a key ally to President Donald Trump during his 2024 campaign and early second term, leading the DOGE task force responsible for cutting government spending. However, Musk resigned in May 2025 after clashing with Trump over fiscal policy.
Public Feud Over Economic Policy
The rift escalated when Trump proposed massive tax cuts through his "big beautiful bill," which Musk criticized as a "disgusting monstrosity" due to concerns about increasing the budget deficit. Musk declared on X: "We live in a one-party system when it comes to bankrupting our country with waste & graft."
Third-Party Challenges in US Politics
Political analysts note that while third parties like libertarians and greens have historically struggled to gain traction, they can influence elections by drawing votes from major candidates. Musk's combination of extreme wealth and ownership of X provides unique influence, though he remains constitutionally ineligible for presidency as a non-US-born citizen.