Elon Musk Announces Formation of New Political Party

“It’s a one-party system when it comes to waste and corruption,” Musk wrote. “We don’t have a democracy. The America Party is here to change that.”

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Elon Musk has announced the creation of a new political party, the America Party, following a high-profile fallout with former U.S. President Donald Trump.

Posting on his platform X, the billionaire entrepreneur framed the new party as a direct challenge to the entrenched Republican-Democratic system, claiming it would “give you back your freedom.” He referenced a prior poll he conducted on X, in which users expressed support for a new political party by a 2-to-1 margin.

“It’s a one-party system when it comes to waste and corruption,” Musk wrote. “We don’t have a democracy. The America Party is here to change that.”

The announcement comes just weeks after Musk’s dramatic departure from the Trump administration and an increasingly personal public feud with the former president. The two had been close allies during Trump’s re-election campaign, with Musk contributing $250 million and attending rallies. He was later appointed to head the Department of Government Efficiency (Doge), which was charged with cutting federal spending.

Their relationship soured in May after Musk resigned from his government post, criticizing Trump’s controversial tax and spending bill. The legislation, which was narrowly approved by Congress this week, is expected to add more than $3 trillion to the U.S. deficit, and includes few benefits for the green energy sector—key to Musk’s business empire, including Tesla.

Trump hit back on Truth Social, suggesting Musk’s success depended on government subsidies and hinting at a probe into his businesses, including Tesla, SpaceX, and Starlink.

Despite Musk’s announcement, as of Saturday, there were no official filings with the Federal Election Commission confirming the party’s legal status. Moreover, political analysts note that third-party movements in the U.S. rarely gain enough traction to seriously challenge the two-party dominance.

Still, Musk’s move signals a bold new chapter in the tech mogul’s political ambitions—even if he himself cannot run for president due to his South African birth.

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