On Monday, June 30, Musk vowed that if the Republican-controlled Congress passed Trump's "Big, Beautiful Bill" — which the Tesla CEO has repeatedly slammed — he would form and fund the "America Party" in an effort to oust GOP lawmakers.

Elon Musk launches ‘America Party’ to restore freedom and address government waste, criticising the two-party system.

American history is littered with third-party bids that flared brightly only to fizzle out, he explained. George Wallace carried five Southern states in 1968 and Ross Perot grabbed nearly 19% of the popular vote in 1992 — yet neither cracked the two-party hold on the presidency.

In the midst of a heated X rant session, Elon Musk has called for creating a new third party, dubbed the “America Party" if the Big, Beautiful, Bill passes.

Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party and Trump suggesting Musk could be punished for his opposition.

Elon Musk and MAGA podcaster Steve Bannon renewed their long-running hostilities on Friday as they each warned the other of dire legal consequences. Bannon said Musk ― a naturalized U.S. citizen ― “should be deported,

And Musk seemingly can’t let that go. “Physics sees through all lies perfectly,” Musk posted this week on his social-media platform X. The Tesla and SpaceX CEO’s political power in Washington—which just a few months ago seemed limitless —was always about proximity to the president.

The announcement comes a day after Trump signed his sweeping tax cut and spending bill, which Musk has fiercely opposed. View on euronews