Amid feud with Trump, Musk officially launches America Party to challenge US's ‘one-party system’

Tesla CEO and tech billionaire Elon Musk, once an ally of US President Donald Trump, announced on Saturday (5 July 2025) that he has launched a new political party to challenge what he calls America’s “one-party system.”

This move came after a falling-out with the president, following Musk’s leadership of the Republican push to cut spending and reduce federal jobs as head of the Department of Government Efficiency (DOGE).

“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk said in a post on X, the social media platform that he owns. “Today, the America Party is formed to give you back your freedom.”

By a factor of 2 to 1, you want a new political party and you shall have it!

When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.

Today, the America Party is formed to give you back your freedom. https://t.co/9K8AD04QQN

— Elon Musk (@elonmusk) July 5, 2025

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Musk is the world’s richest person and Trump’s biggest donor in the 2024 election.

On Friday, which also coincided with US Independence Day, Musk posted a poll on X asking people if they wanted “independence from the two-party (some would say uniparty) system” that has shaped US politics for about 200 years.

More than 1.2 million people responded to the yes-or-no survey.

Taking a swipe at both Republicans and Democrats, Musk said: “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy.”

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Musk’s announcement comes after President Trump signed a tax-cut and spending bill into law on Friday — legislation the Tesla CEO strongly opposed. Musk had earlier threatened to launch a political party if the bill passed Congress.

The surprise move follows Musk’s growing public rift with President Trump. Musk has openly criticised the President’s so-called “Big Beautiful Bill”, claiming it harms his business interests by reducing subsidies for Tesla’s electric vehicles and causing SpaceX to lose government contracts.

However, it remains unclear whether Musk’s America Party has been officially registered with US election authorities. The billionaire has not provided details about who would lead the party or what structure it will take.

It was during his feud with Trump that Musk posted a poll on X, asking users whether America needs a new political party.

Earlier this week, Trump threatened to cut off federal subsidies received by Musk’s companies, including Tesla and SpaceX.

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