WASHINGTON (Realist English). Billionaire entrepreneur Elon Musk announced on Saturday the formation of a new political force — the America Party — marking a sharp political break with President Donald Trump and signaling his intent to reshape U.S. politics ahead of the 2026 midterm elections.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk wrote on his platform X. “Today, the America Party is formed to give you back your freedom.”
The declaration follows a public rift between Musk and Trump over the president’s sweeping new domestic spending bill, signed into law on Friday. Musk, once the administration’s highest-profile private-sector ally and its largest individual campaign donor in 2024, had warned he would take political action if the bill passed.
Musk had criticized what Trump dubbed his “big beautiful bill” for adding trillions to the national debt. While the two had briefly reconciled after Musk deleted critical posts, the feud reignited as the legislation advanced through Congress.
So far, there is no official record of Musk registering the new party with the Federal Election Commission. However, the Tesla and SpaceX CEO has made clear that his party will enter selected congressional races in 2026 — with a platform emphasizing fiscal restraint, anti-corruption, and “ending debt slavery.”
While Musk shares Trump’s stance on many social issues, he has sharply diverged on federal spending and what he sees as bloated bureaucracy. “The Republican agenda is bankrupting the country,” he wrote earlier this week. “Both parties are locked in a spiral of debt denial.”
Trump responded with threats of his own, suggesting the federal government could review major contracts with Musk’s companies. “The Department of Government Efficiency — which Elon created — may go back and eat Elon,” Trump said in a speech on Wednesday.
Political experts warn that launching a third party is a formidable challenge. As history has shown — from Ross Perot’s 1992 campaign to other insurgent efforts — third-party bids often struggle with ballot access, funding, and voter inertia.
Still, Musk’s resources and social media reach give him an unusual advantage. According to recent posts, he plans to test the waters in a few targeted House and Senate races before expanding further. The America Party, he says, is not just a protest — it’s a long-term project to “disrupt the political monopoly.”
Whether it succeeds remains to be seen, but Musk’s move injects new uncertainty into the already polarized landscape of American politics.