Elon Musk says he is launching new political party

July 6, 2025

Elon Musk has announced the formation of a new "America Party" on his social media platform X, positioning it as an alternative to the traditional two-party system in the United States. This announcement comes shortly after Musk's public falling out with President Trump, with whom he previously had a close alliance that included a $250 million campaign contribution and an appointment to lead the Department of Government Efficiency (Doge). While Musk claims the party will "give you back your freedom," there is no evidence it has been formally registered with the Federal Electoral Commission, and Musk himself, foreign-born, cannot run for president.

Who is affected

American voters and the electorate
The existing two-party political system (Republicans and Democrats)
Elon Musk and his business interests (Tesla, SpaceX, Starlink)
Alternative political parties in the US (Libertarian Party, Green Party, People's Party)

What action is being taken

Musk is launching the "America Party" as a new political party
Trump is publicly criticizing Musk, specifically regarding subsidies his companies receive
Trump's legislation with significant spending commitments and tax cuts is being implemented after being signed into law
Musk is using his social media platform X to announce and promote his new political party

Why it matters

This represents a potential disruption to the established two-party political system in the US
The dispute highlights tensions around government spending, subsidies, and fiscal policy
It demonstrates the deterioration of a previously significant political alliance between Trump and one of his major financial backers
The creation of a new political party by someone with Musk's resources and public profile could affect future elections, even though history shows third parties face significant challenges gaining nationwide popularity

What's next

No explicit next steps stated in the article

Read full article from source: BBC