Musk floats idea of third party amid feud with Trump
- Elon Musk publicly proposed creating a new political party on June 5, 2025, amid a growing feud with President Donald Trump.
- The conflict escalated after Musk criticized Trump's 'One Big Beautiful Bill Act' for increasing the deficit and cutting electric vehicle incentives.
- Musk, who led the Department of Government Efficiency until May 30, 2025, also claimed credit for Trump's 2024 election victory and launched a poll with over 4 million votes favoring a new party.
- On June 5, Tesla’s shares fell more than 14%, erasing $138 billion in market value, amid escalating tensions as Donald Trump warned he might pull billions of dollars in contracts and subsidies from Musk’s businesses.
- Their deteriorated relationship highlights Republican Party divisions and raises uncertainty about future political alignments and Musk's influence on American politics.
63 Articles
63 Articles
Ineligible to the presidency, however, the tech magnate could play a decisive role in the future US elections. SpaceX's CEO is considering the creation of a center party to compete Republicans and Democrats.
Elon Musk, patron of SpaceX and Tesla, announces the birth of a new political party called 'The America Party'. Details of the challenge to Donald Trump
The divorce is being consummated between the South African billionaire and the American president. After helping him to take over the White House, Elon Musk is now thinking of creating his own political party. - And now, a political party? Musk's new lubi after his breakup with Trump (International).
Elon Musk has spent billions supporting the Republicans. But after the fallout with Trump, he sees a new party ahead of him. “The America Party,” he writes on X.
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