The owner of the billionaire Tesla, Elon Musk, has revealed that he is forming a third political party, which he called the 'Party of America', after a dramatic fall with Donald Trump for a draft tax and expenses law recently signed by the president.
Musk, who was the largest individual donor of the Trump 2024 presidential campaign, worked with the current president of the United States as the leader of his government agency who reduced the costs, the Government Efficiency Department (Doge), until his recent resignation.
After withdrawing from the role of Lege, Tribune Online reports that Musk began to criticize the “great bill” Big Beautiful “of Trump due to the estimates he said he would add billions of dollars to the federal deficit.
Speaking through its social media platform X, Musk said: “When it comes to banking the bankruptcy of our country with waste and graft, we live in a single party system, not in a democracy.”
Musk, a former 'first friend' of the president of the United States, declared that the new party is for freedom: “Today, the America party forms to return its freedom.”
Also read: Trump threatens to deport Elon Musk in the middle of the dispute
Meanwhile, Musk's crack with President Trump last month after the intense criticism of the expense bill seemed to have cooled after Musk lamented and eliminated the most incendiary positions he made to link Trump with the financial dishonor Jeffrey Epstein and asking for the president's discussion. According to Musk, those publications “went too far.”
However, the richest man in the world revived the dispute in recent days when the bill approached the approval and finally approved the camera before he was subsequently signed at a White House ceremony.
According to CNN, the extent to which Musk has taken measures to legally form the party is not clear, since the formation of the party requires registering in the Federal Electoral Commission. The most recent feats did not show indications that this has happened, reports CNN.
The owner of X, who has threatened during the fight on social networks with Trump, had indicated that he wants a fiscally conservative party and reins in spending, but has offered some other details about what the party platform would be.
While Musk and Trump share similar points of view on contemporary social problems, the first has argued that the republican policy agenda will increase the debt, qualifying it as “slavery of the debt.”
The bipartisan system in the United States has been criticized by registered Democrats and registered Republicans, but efforts in the last century to form a third have shown little success. Billionaire Ross Perot ran for President as Independiente in 1992, winning almost a fifth of the popular vote, but did not take the states in the elections, which was won by Bill Clinton.
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