Elon Musk announces creation of his new America Party

France24
06 Jul 2025, 02:04 GMT+10

Elon Musk on Saturday said he had launched a new US political party to challenge what the tech billionaire described as the country's "one-party system".

A day after asking his followers on X whether a new U.S. political party should be created,Elon Musksaid on Saturday that the "America Party is formed."

"By a factor of 2 to 1, you want a new political party and you shall have it!" he said in a post on X.

"Today, the America Party is formed to give you back your freedom."

The announcement from Musk comes after PresidentDonald Trumpsigned a tax-cut and spending bill into law on Friday, which the billionaire chief executive officer ofTeslafiercely opposed.

Musk spent hundreds of millions on Trump's re-election and led the Department of Government Efficiency under the Trump administration aimed at slashing government spending, but the two have since fallen out over disagreements about the bill.

Trump earlier this week threatened to cut off the billions of dollars in subsidies that Musk's companies receive from the federal government.

Musk said previously that he would start a 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.

(FRANCE 24 with Reuters)

Originally published on France24

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