Elon Musk Launches New “America Party” in the U.S.

• On July 5, 2025, Musk announced via X that the America Party is officially formed, citing strong public support—“By a factor of 2 to 1” in an X‑poll—calling it “to give you back your freedom”
• This move marks a significant break from former ally President Donald Trump, spurred by Musk’s opposition to the recent “Big Beautiful Bill”—a major tax-cut and spending package he claims would drastically increase the U.S. deficit and risk “bankruptcy”

The Party’s Focus & Strategy

• Centered around fiscal conservatism and cracking what Musk calls the entrenched “uniparty” system, the America Party pledges to:
  • Cut government debt and waste
  • Modernize the military with tech/AI
• Rather than national campaigns, Musk plans a laser-targeted approach: contesting just 2–3 Senate seats and 8–10 House districts, aiming to hold pivotal sway in a closely divided Congress

Political & Market Reactions

• Donald Trump slammed the move as “ridiculous,” warning it would cause “complete and total disruption”
• Treasury Secretary Scott Bessent dismissed Musk’s popularity as insufficient, cautioning shareholders to question his priorities

Challenges Ahead

• The U.S. winner-take-all system makes third-party success rare—major hurdles include ballot access, entrenched party structures, and voter loyalty
• Musk hasn’t named leaders, filed FEC paperwork, or shared infrastructure plans. Analysts warn he’ll need enormous funding, strategic organization, and state-by-state registration to have impact .