Musk says it would cater to the middle 80 percent of U.S. voters and hinted it could be named the โAmerica Party.โ
Elon Musk is considering launching a new political party in the wake of his public fallout with President Donald Trump over a major Republican tax and spending bill.
In a series of social media posts beginning on June 5, Musk floated the idea of a third party that would serve what he called the โ80 percent of American voters in the middle.โ He asked his followers on X to weigh in on whether the country needed a new political forceโdrawing a โyesโ response from around 80 percent of respondents, which Musk described as โfate.โ
The next day, he voiced support for a suggestion to call the new party the โAmerica Party,โ a name that echoes his existing political vehicle, America PAC, which he launched last year to back candidates aligned with what he has called โthe core values of America.โ Those values include secure borders, sensible spending, safe cities, a fair justice system, self-protection, and free speech.
Through America PAC, Musk donated nearly $300 million to Republican campaigns in the 2024 cycle, including significant support for Trumpโs presidential bid. Although Musk has recently signaled he plans to scale back political donations, he left the door open to funding efforts he finds especially important.
The rupture with Trump came after Musk lambasted the โOne Big Beautiful Bill Act,โ a sprawling legislative package backed by the White House. Musk, who served as a special government employee in the Trump administration until late May, called the bill a โdisgusting abominationโ and accused it of being stuffed with wasteful spending.
The White House said the bill includes $1.7 trillion in mandatory savings over the next decade and represents a cornerstone of Trumpโs second-term fiscal strategy to boost the American economy.
Trump, for his part, has alleged that the billionaire was angry because the bill would cut electric vehicle (EV) tax creditsโa claim Musk has denied.
The feud ratcheted up a notch when Trump publicly questioned whether his relationship with Musk could be salvaged, telling reporters at the Oval Office on June 5, โElon and I had a great relationship. I donโt know if we will anymore.โ
Byย Tom Ozimek