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Musk pledges to support primary challenges to Republicans who back Trump megabill

  • In June 2025, Musk reignited his feud with Trump, criticizing the record $5 trillion debt increase and threatening to form the 'America Party' to oppose bill supporters.
  • Elon Musk’s criticism of the One Big Beautiful Bill stems from its estimated $3 trillion increase in the national debt, extending 2017 tax cuts and cutting social programs, according to the Congressional Budget Office.
  • Musk called the bill 'utterly insane and destructive,' claiming it would eliminate millions of jobs and cause strategic harm, while pledging support for Rep. Thomas Massie against bill supporters.
  • Tesla shares erased about $150 billion in value after Musk’s attack, while he threatened to primary GOP lawmakers supporting the bill.
  • As Congress aims to pass the bill before July 4, Musk pledges to form the 'America Party' immediately if it passes, challenging the two-party system.
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President Donald Trump said he would consider deporting the billionaire, Elon Musk, in response to a question about the ally, who became critical of his emblematic tax and spending legislation. “I don’t know,” Trump told reporters in the White House on Tuesday when he was asked if he would deport the South African-born businessman and U.S. citizen, before adding that “we’ll have to take a look.” The president’s comments are the latest in a renew…

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Financial Express broke the news in Uttar Pradesh, India on Monday, June 30, 2025.
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