CryptoElon Musk declares 'America Party' is born after Trump...

Elon Musk declares ‘America Party’ is born after Trump enacts $3.3 trillion bill

-


Key Takeaways

  • Elon Musk announced the formation of the America Party following a widely-supported social media poll.
  • The announcement came after Donald Trump signed the ‘Big Beautiful Bill,’ a major spending and border security package.

Share this article

Elon Musk on Saturday declared the formation of the “America Party,” a new alternative to the existing two-party system dominated by Democrats and Republicans. The statement came after President Donald Trump signed his flagship spending bill, the “Big Beautiful Bill,” into law.

Musk has vehemently opposed the legislation, despite supporting Trump in the 2024 election. The bill has also deepened tensions between the president and his former special government employee.

Musk said in June that legislation can’t be “both big and beautiful,” insisting that bills are either big and ugly or slim and beautiful, and he favored the latter.

As Trump’s bill cleared the Senate and headed to the final House vote, Musk warned on Monday that if Trump’s “insane” spending bill passed, he would immediately create a new political group called the “America Party.”

Musk, the biggest Republican donor, warned on Monday that if Trump’s “insane” spending bill passed, he would immediately create a new political group called the “America Party.”

“Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE,” Musk noted.

The bill cleared the House on Thursday and was signed by Trump on Friday. It includes tax cuts, higher discretionary spending, and safety-net reductions. Analysts estimate that the national debt will increase by $3.3 trillion over the next decade as a result of the bill’s enactment.

Also on Friday, Musk opened a poll on X, asking his 221 million followers whether he should form a new political party called the “America Party.” The survey ended with over 65% voting in favor of the idea, out of more than 1.2 million total votes.

Musk’s latest post showed that he was doubling down on the idea, positioning the “America Party” as a response to public demand and a challenge to the political status quo. Despite his bold declarations, there’s no evidence yet that Musk is taking any real steps to launch the party.

Following Musk’s latest statement, several meme tokens themed around the proposed “America Party” saw massive gains, according to data from GeckoTerminal.

Share this article





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Toncoin Hits 19-Day High Following UAE Visa Offer for $100K in Staked TON

The team behind Toncoin has partnered with the UAE to offer a 10-year golden visa for participants who...

Bitcoin Price Watch: Tight Range Signals Calm Before the Breakout

Bitcoin traded at $108,162 on July 6, 2025, with a market capitalization of $2.15 trillion. Daily trading volume...

AAVE price steady as whales buy, exchange supply plunges

The price of AAVE held steady...

Advertisement

12 Best Kids Headphones (2025), Hearing Protection and More

Protect Those HeadphonesSatechi 2-in-1 Headphone Stand Photograph: Julian ChokkattuEven durable headphones are easy to damage. We have lost pairs...

80000 Bitcoin | Movement After 14 Years of Silence

In one of the wildest events in Bitcoin’s history, a long-dormant bitcoin whale moved 80,000 BTC, worth approximately...

Must read

You might also likeRELATED
Recommended to you