Musk pledges to support primary challenges to Republicans who back Trump megabill
- On Monday, during Senate debate on Trump's 'Big, Beautiful Bill,' Musk criticized the legislation, calling it 'debt slavery' for increasing the debt by $5 trillion.
- Weeks of Musk's public criticism over debt and green energy cuts led to his attack on Trump's bill, including proposals for a new party and concerns over $5 trillion in increased debt.
- Musk's posts cite JPMorgan estimates of $1.2 billion annual EV credit loss and call the bill 'debt slavery,' criticizing its $5 trillion debt increase and lawmakers' support.
- Tesla shares dropped nearly 5% premarket Tuesday, signaling market fallout and potential challenges for vulnerable Republican lawmakers backed by Musk.
- Musk's pledge to create the 'America Party' faces steep legal and financial hurdles, including signature requirements and costs estimated in hundreds of millions of dollars, tempering his timeline.
225 Articles
225 Articles
Musk Polls Followers on Creating 'America Party'
Doubling down on his call for a new political party in the United States, Tech billionaire Elon Musk on Friday set up a poll on X that revealed a majority of those who voted agree with his call to create an America Party.


Elon Musk digs in on new political party threat after tax bill passage
Tesla founder Elon Musk reiterated his proposal for the United States to establish a new political party called the “America Party” following his public disagreement with President Donald Trump. Musk headed the Department of Government Efficiency, or DOGE, to help…
Elon Musk Shares More Details About His Plan to Create New Political Party and Become 'Deciding Vote on Contentious Laws'
Tech billionaire Elon Musk spent his Independence Day doubling down on his threat to form a new political party, dubbed the “America Party.” The Tesla and SpaceX CEO, who picked a fight with President Donald Trump over the One Big Beautiful Bill, is claiming he wants to disrupt the two-party system by creating a party for the “80% in the middle” who feel abandoned by Democrats and Republicans.
Elon Musk says he may launch his own party: but US history tells us that’s not a recipe for success
To paraphrase a very old joke, how do you make a small fortune in America? Start with a large fortune and fund a third political party. American political history is littered with the wrecks of challengers who thought they could break the two-party system and failed. This makes Elon Musk’s tease that he may launch his own new political party as an act of defiance following his falling out with Donald Trump even more intriguing. What do we mean b…
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