{"id":2552,"date":"2025-07-06T22:38:17","date_gmt":"2025-07-06T16:38:17","guid":{"rendered":"https:\/\/newstoday24hour.com\/en\/?p=2552"},"modified":"2025-07-06T22:38:17","modified_gmt":"2025-07-06T16:38:17","slug":"elon-musk-announces-formation-of-new-political-party","status":"publish","type":"post","link":"https:\/\/newstoday24hour.com\/en\/elon-musk-announces-formation-of-new-political-party\/","title":{"rendered":"Elon Musk Announces Formation of New Political Party"},"content":{"rendered":"<p>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.<\/p>\n<p>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 \u201cgive you back your freedom.\u201d 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.<\/p>\n<p>\u201cIt\u2019s a one-party system when it comes to waste and corruption,\u201d Musk wrote. \u201cWe don\u2019t have a democracy. The America Party is here to change that.\u201d<\/p>\n<p>The announcement comes just weeks after Musk\u2019s dramatic departure from the Trump administration and an increasingly personal public feud with the former president. The two had been close allies during Trump\u2019s 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.<\/p>\n<p>Their relationship soured in May after Musk resigned from his government post, criticizing Trump\u2019s 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\u2014key to Musk\u2019s business empire, including Tesla.<\/p>\n<p>Trump hit back on Truth Social, suggesting Musk\u2019s success depended on government subsidies and hinting at a probe into his businesses, including Tesla, SpaceX, and Starlink.<\/p>\n<p>Despite Musk\u2019s announcement, as of Saturday, there were no official filings with the Federal Election Commission confirming the party\u2019s 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.<\/p>\n<p>Still, Musk\u2019s move signals a bold new chapter in the tech mogul\u2019s political ambitions\u2014even if he himself cannot run for president due to his South African birth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u201cgive you back your freedom.\u201d He referenced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/posts\/2552"}],"collection":[{"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/comments?post=2552"}],"version-history":[{"count":1,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/posts\/2552\/revisions"}],"predecessor-version":[{"id":2555,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/posts\/2552\/revisions\/2555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/media\/2553"}],"wp:attachment":[{"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/media?parent=2552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/categories?post=2552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newstoday24hour.com\/en\/wp-json\/wp\/v2\/tags?post=2552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}