Skip to content

Musk announces intentions to establish a new political party following disputes with Trump

Elon Musk, billionaire tycoon, announced on Saturday the formation of a new political party, following a contentious breakdown with former president Donald Trump. His actions seem to fulfill promises he madeshould Trump's domestic policy legislation be enacted.

Musk announces plans for a new political party following disagreements with Trump
Musk announces plans for a new political party following disagreements with Trump

Musk announces intentions to establish a new political party following disputes with Trump

Billionaire entrepreneur Elon Musk has recently announced the creation of a new political party, named the America Party. The party's objective is to provide an alternative to the current two-party system dominated by the Democrats and Republicans, with a focus on giving people a real voice and breaking what Musk calls the "Democrat-Republican uniparty."

The America Party's specific goals include winning House and Senate seats in the upcoming midterm elections to influence legislation and policy, promoting freedom, and combating government waste and excessive spending, particularly opposing recent tax and domestic policy legislation backed by President Trump and Republican lawmakers.

Musk's announcement comes after a public and acrimonious split between him and President Trump, with Musk initially supporting Trump but later becoming one of his strongest critics. The America Party is seen as a response to dissatisfaction with current political dynamics, emphasizing the need for a new option for voters beyond the two major parties.

However, launching a third party in the U.S. faces numerous challenges, including complex state laws, ballot access hurdles, and likely legal battles. Musk's financial resources make this effort possible but do not guarantee success. His previous political investments, such as spending millions in Wisconsin Supreme Court elections, demonstrate both his willingness to fund political causes and the difficulty of winning against established parties.

The America Party's platform beyond fiscal conservatism remains unclear. The party is planning to become an active political force during next year's midterm elections, initially focusing on supporting candidates in a few House and Senate races.

The formation of the America Party is not without controversy. The feud between Musk and Trump was reignited in the last several days as the domestic policy bill neared passage and was eventually signed into law by Trump on Friday. Trump has made threats against Musk, suggesting the government may reconsider contracts with Musk's companies and referring to the Department of Government Efficiency, which Musk previously helmed, as a monster that may "go back and eat Elon."

The two-party system in the United States has been criticized for decades, with little success in forming a third party. Musk, a former large individual donor to Donald Trump's 2024 presidential campaign and a close adviser to the president, criticized Trump's domestic policy bill due to estimates that it would add trillions of dollars to the federal deficit.

CNN's Hadas Gold contributed to this report. Meanwhile, the mayoral race in New York City has become one of the most crowded in recent memory, with at least nine Democrats running in this month's primary.

[1] Musk and Trump share similar views on social issues, but Musk criticizes the Republican policy agenda for increasing the debt, labeling it "debt slavery." [2] Experts in campaign finance and political science find it financially and legally challenging to create a new party, and voters and candidates are hesitant to join. [3] Ross Perot ran for president as an independent in 1992, winning nearly a fifth of the popular vote but carrying no states in the election.

  1. The America Party, founded by Elon Musk, aims to win House and Senate seats during the upcoming midterm elections to influence policy-and-legislation and combat government waste.
  2. Musk's new political party, the America Party, is planning to become a significant political force in the general news arena, focusing on promoting freedom and offering voters a different political option beyond the two major parties.

Read also:

    Latest

    Warnings of flash floods have been issued across 33 different provinces

    Flood alerts enacted across 33 provinces

    Urgent weather advisory released by the Department of Disaster Prevention and Mitigation (DDPM) for 33 provinces spanning North, Northeast, Central, and South regions. Warns of potential flash floods, forest runoff, landslides, and increased river levels, specifically the Mekong, from July 6 to...