Elon Musk launches ‘America Party’ amid ongoing feud with Trump

America Party

In a dramatic twist to the U.S. political landscape, Elon Musk has announced the formation of a new political party, the America Party, following a bitter fallout with President Donald Trump over his controversial tax and spending legislation – the ‘Big Beautiful Bill‘.

Musk, once a key ally of Trump and head of the Department of Government Efficiency (DOGE), broke ranks after the passage of the so-called ‘Big Beautiful Bill‘, which Musk labelled a “disgusting abomination” that would balloon the national debt by trillions.

On U.S. Independence Day, Musk polled his followers on X, asking whether a new party should be formed. With a 2-to-1 majority voting ‘yes’, Musk declared, ‘Today, the America Party is formed to give you back your freedom’.

The party aims to challenge the entrenched two-party system by targeting a handful of swing Senate and House seats, potentially becoming a decisive force in future legislation.

Musk has pledged to support primary challengers against Republicans who backed the bill, accusing them of betraying fiscal responsibility.

Trump, clearly irked, dismissed Musk’s move as ‘ridiculous’, reportedly stating, ‘It’s always been a two-party system… third parties have never worked’.

He added on Truth Social, ‘Elon Musk has gone completely off the rails… becoming a train wreck over the past five weeks’.

The feud has escalated rapidly, with Trump threatening to revoke federal subsidies for Musk’s companies and even suggesting deportation, despite Musk’s U.S. citizenship.

While Musk’s America Party faces steep legal and logistical hurdles, his immense wealth and online influence could make it a disruptive force.

Whether it gains traction or fizzles out remains to be seen but it’s clear the ‘love’ between Musk and Trump is officially over.

What exactly is Trump’s ‘Big Beautiful Bill’ that Musk hates so much?

Big Beautiful Bill

Trump calls it his ‘Big Beautiful Bill’, but Musk calls it a ‘Disgusting Abomination’ – who’s right?

Trump’s Big Beautiful Bill is a sweeping tax and spending package aimed at making his 2017 tax cuts permanent while introducing new tax breaks and budget reforms.

It eliminates taxes on tips and overtime, raises the State and Local Tax (SALT) deduction cap, and creates government-funded savings accounts for newborns.

The bill also imposes stricter Medicaid work requirements, cuts funding for green energy incentives, and repeals taxes on gun silencers and indoor tanning.

Critics, including Elon Musk, argue it will increase the budget deficit by $2.5 trillion, burdening future generations with unsustainable U.S. debt.

Musk’s opposition to the Bill

Elon Musk has fiercely opposed Trump’s Big Beautiful Bill, calling it a “disgusting abomination”.

His main concerns include:

Massive Spending & Deficit Growth: Musk argues the bill adds $2.5 trillion to the federal deficit, saddling future generations with unsustainable debt.

Pork-Filled Legislation: He claims the bill is packed with wasteful spending that benefits political allies rather than the American people.

Cuts to EV & Solar Incentives: The bill removes tax credits for electric vehicles and solar energy, which directly impacts Tesla and Musk’s clean energy initiatives.

Unfair Favouritism: Musk believes the bill protects oil & gas subsidies while cutting incentives for renewable energy.

Lack of Transparency: He insists the bill was rushed through Congress without proper review, saying even lawmakers barely had time to read it.

Trump, on the other hand, has dismissed Musk’s criticism, saying he’s “very disappointed” and believes Musk is upset mainly because of the EV tax credit removal.

The feud continues to escalate, with Musk urging lawmakers to “kill the bill.”

Who does the Bill really benefit?