Billionaire entrepreneur Elon Musk has announced the formation of a new political party, “The America Party,” following a dramatic fallout with his former ally, US President Donald Trump.
Musk made the declaration on his social media platform X, accusing both major political parties of fostering corruption and fiscal irresponsibility.
In his post, Musk stated, “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.” This move comes after Musk sharply criticized President Trump’s newly signed domestic policy bill, claiming it would balloon the national deficit.¹
The rift between Musk and Trump appeared to calm briefly last month after Musk deleted critical posts, but tensions reignited as the bill advanced through Congress. Trump officially signed it into law on Friday, prompting Musk to escalate his discontent into political action.
Trump dismissed Musk’s new party as “ridiculous” and warned it would only create division, saying, “We have a tremendous success with the Republican Party… starting a third party just adds to confusion.”
Despite the skepticism, Musk hinted that the America Party would field candidates in select House and Senate races during the upcoming midterm elections. However, legal filings with the Federal Election Commission are yet to confirm its formal registration.
Source: Apexnewsgh.com
