Musk pledges to support primary challenges to Republicans who back Trump megabill
- Elon Musk criticized the 'One Big Beautiful Bill,' highlighting a record $5 trillion debt ceiling increase and vowing to form a new party, amid ongoing political tensions.
- GOP leaders in Congress push to pass the $5 trillion debt-limit hike before July 4, supporting Trump’s spending and tax goals amid intense legislative negotiations.
- In response, Musk vows to target GOP lawmakers in primaries, with Tesla shares swinging and wiping out about $150 billion in market value.
- Analysts warn Musk's push for a new party could fracture conservative support and influence the 2026 midterm elections.
110 Articles
110 Articles
Tech billionaire Elon Musk goes on a confrontation course with US President Trump. Musk swears to punish MPs who support Trump's spending law. Trump, however, goes on to say: "Perhaps the efficiency authority should take a look at the state support for Musk's corporations."
Elon Musk threatens to start new U.S. political party
Elon Musk may soon launch his own political party. The Tesla and SpaceX CEO has announced his intention to form the "America Party" if President Donald Trump's "One Big Beautiful Bill Act" passes, continuing to rail against what he calls "insane spending." SEE ALSO: No, Elon Musk can't run for U.S. Vice President "If this insane spending bill passes, the America Party will be formed the next day," Musk posted to X on Monday. "Our country needs …
Tesla CEO Elon Musk is threatening to form a new party. The tech billionaire has criticized US President Donald Trump's drastic tax cuts and budget proposal.
Elon Musk has been confirmed as the whip of Donald Trump's great legislative bet at the beginning of his second term, his massive tax and spending law, the so-called 'One Big Beautiful Bill' ('A Great and Beautiful Law'). The richest man in the world already showed his disagreements with the proposal in the early years of his legislation, when it became clear that, against what Republicans usually defend in the campaign, he did not assume great …
For a long time, peace has prevailed after the conflict between US President Donald Trump and his former advisor Elon Musk. But now the richest man in the world has once again rebelled against the planned tax law of the head of state. If it is implemented, he will establish his own party, the tech boss announced. Musk had actually intended to turn his back on politics – but according to his latest statements he has changed his mind. While the Se…
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