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Following the passage of President Trump’s “Big Beautiful Bill,” Elon Musk has again proposed the idea of forming a new political party.
Some shit you should know before you read: Yesterday, President Trump officially signed the “Big Beautiful Bill“ into law after it passed the House and Senate. The funding package is estimated to add roughly $5 trillion to the national debt, and is designed to enact key elements of Trump’s domestic agenda but has drawn fierce criticism for its lack of fiscal restraint. Notably, the legislation does not account for potential revenue that could be generated through Trump’s tariffs and business expansion initiatives, which Republicans claim will soften its budgetary impact. Despite this, Elon Musk has been a vocal critic of the bill, arguing that it will increase the national debt. Some say that Musk’s issue is actually with cuts to electric vehicle tax credits, which will significantly impact Tesla.
Getting into it: In a notable development, Elon Musk took to X on Independence Day to once again advocate for the creation of a new political party he’s calling the “America Party.“ Framing the July 4th holiday as a symbolic opportunity for political change, Musk posted a poll asking his millions of followers if it was time to seek “independence from the two-party (some would say uniparty) system.“ In follow-up posts, he claimed that the new party would represent the “80 percent in the middle”—moderates and independents who feel politically homeless—and endorsed the name “America Party“ as “the party that actually represents America.”
Musk said that his strategy would focus on flipping just a handful of Senate and House seats to become a swing force in Congress, arguing that this approach could force real legislative accountability.
His renewed political ambitions were met with fierce criticism from some within Donald Trump’s inner circle. Among the critics was former White House strategist Steve Bannon, who accused Musk—who is originally from South Africa—of being un-American, saying, “No, brother, you’re not an American. You’re a South African, and if we take enough time and prove the facts of that, you should be deported because it’s a crime of what you did — among many.”
Despite the backlash, early polling suggests Musk’s proposal is not without public interest. A survey conducted by Quantus Insights between June 30 and July 2 found that 40 percent of registered voters said they would be likely to support a political party formed by Musk. Specifically, 14 percent were “very likely” and 26 percent were “somewhat likely” to vote for a Musk-led party. The survey, which included 1,000 respondents and had a margin of error of 3 percent, revealed a sharp demographic split: support was highest among Republican and independent men, with 57 percent of Republican men expressing openness to Musk’s political vision. Meanwhile, skepticism remained high among older voters and Democrats.
