Elon Musk threatens to launch 'America Party' if Trump’s spending bill passes

Elon Musk threatens to launch 'America Party' if Trump’s spending bill passes
Reuters

Billionaire Elon Musk has vowed to form a new political party if Donald Trump’s massive spending bill is passed by Congress, slamming it as evidence of a “one-party country.”

Tech billionaire Elon Musk escalated his criticism of U.S. President Donald Trump’s proposed "Big Beautiful Bill" on Tuesday, promising to create a new political party — the “America Party” — if the controversial legislation is approved by Congress.

Calling the bill's $5 trillion debt ceiling hike “insane,” Musk accused both major parties of failing the public. “We live in a one-party country – the PORKY PIG PARTY!!” he wrote on X, urging the formation of a political alternative that “actually cares about the people.”

In follow-up posts, Musk criticised lawmakers who previously campaigned on fiscal responsibility but now back the bill, warning they would face primary defeats next year.

Musk’s comments signal a deepening rift with Trump. Once allies, the two have clashed publicly since Musk began opposing the bill in May. At the time, he polled his 220 million followers on X about starting a new party to represent the political “middle.”

He later supported naming it the 'America Party,' a nod to his America PAC — which spent nearly $240 million backing Trump and Republicans during the 2024 elections.

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