Monday, July 7, 2025 - Tech CEO, Elon Musk has launched a new political party called the America Party.
"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," he posted on X,
the social media platform he owns.
The Tesla and SpaceX CEO formed the new political party
after a public and bitter falling-out with President Donald Trump.
Recall Musk spent hundreds of millions of dollars to support Trump's re-election and led the so-called Department of Government Efficiency or DOGE in the Trump administration, which aimed to cut government spending, before their disagreements spilled into the open.
He revived the idea of a new political party last week as US
lawmakers approved Trump's sweeping tax and spending bill.
Musk was among the legislation's most vocal critics and has
pledged to establish a new party to oppose Republicans who supported the bill.
On Friday, he posted a poll asking whether users "want
independence from the two-party (some would say uniparty) system," drawing
over 1.2 million responses, with more than 60% in favor of a new party.
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