In a move that has drawn both attention and scepticism, tech billionaire Elon Musk announced that he is forming a new political party called the 'America Party.'
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The announcement was made via posts on X and follows Musk's public disapproval of a tax-cut and spending bill recently passed under President Donald Trump's administration. The timing and motivation behind the new political venture suggest growing ideological rifts within the conservative landscape, particularly among high-profile figures. According to AP News, Musk emphasised that the party aims to represent the 'actual will of the people' and restore fiscal responsibility.
Everything you should know about Musk's new political party
Elon Musk revealed the formation of the 'America Party' shortly after publicly opposing Trump's latest economic package. Musk stated that the bill, which includes significant tax cuts and expansive spending, contradicted the values of financial discipline and accountability. This, according to him, was a tipping point.
While details about the party's official platform remain limited, Musk has hinted at focusing on economic responsibility, technological advancement, and national interest. The America Party has not yet filed formal paperwork with the Federal Election Commission. As the BBC notes, it's still unclear how Musk plans to scale this effort in time for the 2026 midterm elections.
Interestingly, Musk has denied that the move is part of a personal bid for the presidency. According to the BBC, he sees this party as a tool to support like-minded candidates and to push for legislative reforms that align with his vision for the U.S. economy and governance. The announcement has generated significant debate, especially within traditionally conservative spaces, about whether this effort could divide voters or create a meaningful third-party alternative.
What has Trump said about Elon Musk's new political party?
President Donald Trump responded to Musk's announcement during a recent campaign stop, calling the creation of the America Party' ridiculous.'
He warned that it would only serve to fragment conservative voters and indirectly benefit Democratic candidates. Trump also suggested that Musk's efforts were driven more by personal ambition than policy principle.
Reactions from Trump's allies have been mixed. A CNN segment featuring panellist Scott Jennings saw a plea for unity, with Jennings urging Musk and Trump to 'put the band back together.' Jennings acknowledged Musk's influence but stressed that a fractured right-wing base could hinder the broader movement's political goals.
However, not all reactions were conciliatory. As CNN further reported, some data analysts on the network expressed scepticism about Musk's ability to build a viable party infrastructure, particularly in the U.S.'s two-party dominant system. They pointed out that new parties often face logistical and legal barriers to getting on ballots and gaining traction among voters.
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Sources used:
AP News: Musk says he's forming a new political party after split with Trump over tax cuts law
BBC: Trump calls Musk's new political party 'ridiculous'
CNN: Musk's 'America Party' and the evidence that Trump's coalition is starting to fracture
