Elon Musk, a former ally of US President Donald Trump, announced on Saturday that he had launched a new political party in the United States to oppose what the tech billionaire described as the nation’s “one-party system.”
Musk, currently the world’s richest man and Trump’s largest political donor in the 2024 election, had a bitter fallout with the president after spearheading the Republican initiative to reduce spending and cut federal jobs during his tenure as head of the so-called Department of Government Efficiency.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” the SpaceX and Tesla CEO wrote on X, the social media platform he owns.
“Today, the America Party is formed to give you back your freedom.”
Musk referenced a poll — posted on X on Friday, US Independence Day — where he asked followers whether they “want independence from the two-party (some would say uniparty) system” that has dominated US politics for nearly two centuries.
The yes-or-no poll drew more than 1.2 million responses.
“By a factor of 2 to 1, you want a new political party and you shall have it!” he posted on Saturday.
The Trump-Musk feud dramatically resurfaced late last month as Trump urged Republicans in Congress to swiftly pass his sweeping domestic proposal, dubbed the One Big Beautiful Bill.
Musk strongly opposed the legislation and harshly criticized the Republicans who backed it, accusing them of endorsing “debt slavery.”
He swiftly vowed to create a new political party to oppose lawmakers who campaigned on cutting federal spending but voted in favor of the bill, which experts estimate will add $3.4 trillion to the US deficit over the next decade.
Following Musk’s scathing criticism of the bill — which eventually cleared Congress and was signed into law — Trump retaliated by threatening to deport the tech mogul and withdraw federal funding from his companies.
“We’ll have to take a look,” the president said when asked by reporters whether he would consider deporting Musk, who was born in South Africa and has been a US citizen since 2002.
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