Musk unveils formation of the "America Party" as a continuation of distancing from Trump
In a significant political move, tech entrepreneur Elon Musk has officially announced the formation of a new political entity called the "America Party." This announcement, made in early July 2025, marks Musk's formal entry into the third-party political landscape in the U.S., following a notable political split with former President Donald Trump.
The America Party, still in its initial stages, has been publicly launched and is now beginning to organise and position itself within the political arena. As of now, there are no detailed reports on its organisational structure, platform specifics, or candidate endorsements.
The emergence of the America Party could potentially alter the 2026 midterm congressional elections by drawing votes away from the traditional two parties. However, it is still early to assess its influence or voter base, given that it was announced only recently. The party's impact on the electoral dynamics remains speculative at this stage.
Musk's decision to form the America Party stems from his criticism of Trump's tax bill, which he believes is harmful to the US economy. This feud between the two has led to several precipitous falls in Tesla's share price. Musk has stated that he will spend money to unseat lawmakers who support the tax bill.
The America Party's goal of breaking the Republican-Democratic duopoly is a challenging task given the long-standing dominance of these parties in American politics. Musk has referenced the growth of Greece in ancient times as a strategy to break this uniparty system.
Trump, who has generally held firm approval ratings despite often divisive policies, has yet to comment on Musk's announcement. Republicans have expressed concern that Musk's feud with Trump could hurt their chances in the 2026 midterm elections.
As of last week, Tesla's stock closed at $315.35. Musk's wealth, derived from his Tesla car company and his SpaceX satellite firm, enables him to invest significantly in the America Party's operations.
The coming months will provide further insights into how the America Party positions itself and whether it will significantly influence the 2026 congressional elections.
The America Party, founded by tech entrepreneur Elon Musk, is now organizing within the political arena, with its goals centered on breaking the Republican-Democratic duopoly. This new political entity, initially announced in July 2025, has sparked interest in policy-and-legislation discussions, particularly Musk's criticism of certain policies that have been part of general-news headlines.
