US EditionMusk-Trump Battle Erupts Anew over Republican Spending Bill
- On Wednesday, Elon Musk publicly denounced President Donald Trump’s $5 trillion tax-and-spending bill and threatened to launch the America Party to oppose it and fund primary challengers.
- The Senate narrowly approved the $5 trillion bill in a 51–49 vote, including record debt increases and rollback of green energy tax breaks, prompting Musk's criticism.
- Tesla’s market cap plunged by $150 billion, while the Congressional Budget Office estimates the bill would add $3.3 trillion to the deficit over a decade, risking millions of jobs and economic stability.
- In response, Trump hinted at deporting Musk, suggested cutting Tesla subsidies, and quipped about sending DOGE to 'eat Elon' amid escalating tensions.
- More broadly, Musk’s potential reentry into political spending could reshape party alignments and spark the emergence of the 'America Party' amid growing voter scrutiny of congressional debates.
11 Articles
11 Articles
In a stunning turn of events, Elon Musk gains new ally as MAGA realize he was never actually on their team
Recently, the Republican Party’s “megabill” has caused major controversy, drawing strong criticism from billionaire Elon Musk, who is now thinking about jumping into third-party politics after a breakup with Trump. He has called the bill “crazy,” showing a growing split among conservatives and broader unhappiness with the usual two-party system. With Musk possibly starting his own political movement, the Libertarian Party has invited him to join…
The Tesla CEO takes part in the parliamentary debate on the Big Beautiful Bill. He warns of a growing debt and consequences for the labour market – and threatens the Republicans with retaliation if they pass the budget law. How serious is that to take?
Elon Musk Vows to Destroy Republican Party If Its Budget Passes
After donating hundreds of millions of dollars to the Republican party, billionaire Elon Musk has vowed to put it in the ground if president Donald Trump's so-called "big, beautiful bill" were to pass the Senate this week ahead of a rapidly approaching July 4 deadline. "If this insane spending bill passes, the America Party will be formed the next day," Musk tweeted on Monday. "Our country needs an alternative to the Democrat-Republican uniparty…
Milliard Elon Musk takes into account the launch of a new political party, called the Americas Party, as a response to the support by the Republicans of a tax law promoted by Donald Trump, which would eliminate tax facilities for electric vehicles and green energy.
Elon Musk slams Trump’s ‘porky pig party’, threatens to launch new ‘America party’
Elon Musk criticised Donald Trump's economic bill. He called it fiscally irresponsible. Musk threatened to create a new political party named 'America Party'. This was to challenge the current political system. He also pledged to fund challengers against Republicans supporting the bill. Trump dismissed Musk's concerns. He suggested it was due to electric vehicle subsidy cuts. Musk denied this.
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