'America Party formed to give you back freedom': Elon Musk officially launches new political party amid ongoing feud with Donald Trump
The 54-year-old Tesla CEO, some days ago, noticed an idea floating on the internet regarding a party formation, to which the billionaire reacted positively and said the decision was made in response to the overwhelming support from the users on the platform.
The tech mogul took to his X and shared a post mentioning, "By a factor of 2 to 1, you want a new political party, and you shall have it!. Today, the America Party is formed to give you back your freedom."
By a factor of 2 to 1, you want a new political party and you shall have it!When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.Today, the America Party is formed to give you back your freedom. https://t.co/9K8AD04QQN
Surprising announcements may stress the tensions between Elon Musk and Donald Trump
The announcement comes suddenly amid the ongoing feud between Musk and Trump, who he once considered a key ally. On the other hand, Elon Musk had also invested about a million in Trump's re-election campaign and even became a major part of the Department of Government Efficiency (DOGE) during Donald Trump's presidency.
However, the relations between the duo soured last week after Donald Trump signed a sweeping tax cut and spending bill called 'The One Big Beautiful Bill.' According to reports, this was one of the moves that Musk strongly opposed.
In response, the Tesla and SpaceX CEO suggested political payback, pledging to use his wealth to campaign against lawmakers who supported the legislation.
Elon Musk and Donald Trump's feud
Following this, the tensions between the duo intensified when Trump threatened to cut off federal subsidies to Elon Musk's companies, which is a significant financial pressure point.
However, Musk had earlier said that he would start a new political party and spend money to unseat the lawmakers who supported the bill. Meanwhile, before launching his party, Musk shared a poll on the occasion of US Independence Day, when he asked whether respondents "want independence from the two-party (some would say uniparty) system" that dominated US politics for about two centuries.
The SpaceX owner had a major rift with the president after spearheading the Republican push to reduce spending and eliminate federal jobs while leading the so-called Department of Government Efficiency (DOGE).
The feud flared up again in dramatic fashion late last Monday when Trump urged Republicans in Congress to force through his sweeping domestic agenda, packaged as the One Big Beautiful Bill.
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