The world’s richest person, Elon Musk, has announced the launch of a new political party, ‘American Party,’ after US President Donald Trump signed ‘Big, Beautiful Bill.”
According to CNN, the former close ally of Trump, who also led the Department of Government Efficiency (DOGE), on Saturday, July 5, revealed that he is launching a new “political party” to challenge the “one-party system.”
The tech giant wrote on his social media platform X, “By a factor of 2 to 1, you want a new political party, and you shall have it! 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."
The Tesla boss, who was the largest individual donor to the 79-year-old’s 2024 presidential election campaign after abruptly ending his DOGE role, criticised Trump and his “Big, Beautiful Bill” on social media.
He also threatened to launch a political party if the Congress passed a bill that included trillions of dollars in tax and spending cuts.
A day after Trump signed the sweeping domestic policy bill, he announced the launch of the “America Party,” aiming to end the two-party system of the Republican and Democratic parties.
However, as of Saturday, the Federal Electoral Commission has not published any documents confirming the official registration of Musk’s new party.
