Musk proposes new political party formation, Trump issues warning on potential Dogecoin scrutiny
In a dramatic turn of events, billionaire entrepreneur Elon Musk has escalated his public opposition to former President Donald Trump's $3.3 trillion tax and spending package, known as the "Big Beautiful Bill." Musk, a self-proclaimed fiscal conservative, has criticized the bill as fiscally irresponsible, describing it as "insane," "pork-filled," and "debt slavery."
Musk's latest move comes as he threatens to form a new political party called the "America Party." This party, according to Musk, will challenge the current one-party dominance he derisively calls the "Porky Pig Party." Musk vows to support primary challengers against Republican incumbents who back the bill, signaling a significant challenge to establishment Republicans ahead of the 2025 elections.
The feud between Musk and Trump has been publicly escalating, focusing on fiscal policy and party control. Trump, on his part, is defending the bill and his vision, rejecting Musk's criticism and continuing to advocate for the spending package.
The tension between the two began after Musk's resignation from his role as head of the Department of Government Efficiency (DOGE), a position he held during Trump's presidency. Trump has since suggested that a cost-cutting committee Musk led for him, Doge, should investigate Musk's businesses.
Musk's decision to launch the America Party is not the only significant change in his life since his feud with Trump. The billionaire entrepreneur has recently fired the top strategists for Europe and North America at Tesla. The exact reasons for these dismissals have not been publicly explained, but they are the first major personnel changes at the company since the Musk-Trump feud began.
This situation reflects a deepening political rift with potential major implications for U.S. politics in 2025 and beyond. It remains to be seen how these developments will unfold and what impact they will have on the tech mogul's businesses and the political landscape.
[1] New York Times, "Elon Musk Threatens to Launch New Political Party," July 1, 2025. [2] CNN, "Musk Fires Top Strategists at Tesla," July 1, 2025. [3] Washington Post, "Musk vs. Trump: A Deepening Rift," July 1, 2025.
- The deepening conflict between Elon Musk and Donald Trump has moved beyond the 'Big Beautiful Bill' and extended into 'politics', with Musk threatening to create the "America Party" to challenge the establishment.
- The 'war-and-conflicts' aspect is subtly represented in this political divide, as Musk's move to form a new party signifies a significant challenge to the 'politics' status quo, potentially reshaping the 'policy-and-legislation' landscape and the 'general-news' narrative ahead of the 2025 elections.
