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Elon Musk Wants to Create a New Political Party. Building Rockets May Be Easier

  • On June 30, 2025, Elon Musk publicly threatened to form a new political party if a large spending bill passes, breaking with former ally Donald Trump.
  • Musk's opposition stems from the bill raising the debt limit by $5 trillion and abandoning GOP principles of small government and fiscal restraint.
  • Political experts note that third parties face funding challenges and struggle to compete with major parties despite widespread voter frustration and support for alternatives.
  • A recent Musk poll drew over 5 million votes, with 80% supporting a new party to give voice to Americans disillusioned with the current political system.
  • This emerging party effort reflects growing political unrest but will confront structural barriers, while the Republican and Democratic parties face internal discord and voter dissatisfaction.
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23
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Irritated by the fiscal contradictions of his former idol, the multibillionaire is thinking of his own political project.

·Montreal, Canada
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Bias Distribution

  • 42% of the sources lean Right
42% Right
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Financial Express broke the news in Uttar Pradesh, India on Monday, June 30, 2025.
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