WASHINGTON, USA — Billionaire entrepreneur Elon Musk has launched a new political party in the United States, called the America Party, declaring it a vehicle to “give back freedom” to Americans and challenge what he described as a corrupt and wasteful two-party system.
The announcement, made via Musk’s social media platform X (formerly Twitter) on Saturday, July 5, 2025, comes just a day after the Tesla and SpaceX CEO ran a poll asking followers whether a new political party should be formed.
The majority answered in the affirmative.
“By a factor of 2 to 1, you want a new political party, and you shall have it!” Musk wrote.
“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’s declaration follows a high-profile political rupture with President Donald Trump over the recently passed “Big Beautiful Bill,” a sweeping piece of legislation that includes tax cuts, increased military spending, and stricter immigration enforcement.
The bill was signed into law on Friday, July 4, 2025, following narrow passage through both chambers of Congress.
Musk, who had been serving as an informal adviser to the president, publicly opposed the bill, arguing it undermined core public services to fund political priorities.
“I was disappointed with the bill,” Musk said in the days leading up to its passage, citing cuts to Medicaid, the government health programme for low-income Americans, as a critical concern.
The legislation also rolled back electric vehicle (EV) mandates and tax incentives introduced under the Inflation Reduction Act—provisions that Trump allies claimed would hurt Tesla’s market share.
Trump later accused Musk of opposing the bill for personal business interests.
Doug Mills/The New York Times
Musk dismissed the accusations and escalated the row, asserting that Trump was ungrateful for his political support.
“Without my help, Trump would have lost the election,” Musk claimed on X, in reference to his influence on tech-savvy and libertarian-leaning voter blocs.
In a sharp retort, Trump warned that “serious consequences” would follow if Musk used his wealth to fund Democratic challengers against Republicans who supported the bill.
As the Senate debated the bill earlier this week, Musk threatened political retaliation, warning lawmakers that supporting the legislation could jeopardise their re-election prospects.
“Anyone who votes for this will lose their primary,” he posted on X on Monday, June 30, 2025, hours before the final vote.
The America Party, though still in its infancy, signals Musk’s intensifying involvement in U.S. politics beyond policy commentary and campaign donations.
It remains unclear whether the new party will field candidates in the 2026 midterms or the 2028 presidential election.
Political analysts say Musk’s move could significantly disrupt the traditional two-party structure, especially if the America Party attracts disaffected Republicans and independents dissatisfied with establishment politics.
