Billionaire Elon Musk, the entrepreneur who hails from South Africa has announced his decision to form a new political party in the US, to be named as the ‘America Party’. He made this declaration on Sunday, July 06, 2025 at his X handle.
Before making the declaration, he hinted towards this by holding poll on his official X handle where he asked people to vote in yes or no and asked, “Should we create the America Party?”
The announcement followed the post captioned by Elon Musk, “Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system! Should we create the America Party?”
Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system!
Should we create the America Party?
— Elon Musk (@elonmusk) July 4, 2025
This announcement follows a public fallout between Musk and the President Donald Trump, after which Musk exited both the administration and the now-defunct Department of Government Efficiency (DOGE), where he had led controversial efforts to slash federal spending and cut governmental jobs.
Dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, and said that Trump’s ‘Big, Beautiful’ tax bill would bankrupt America.
Former DOGE chief @elonmusk says he’s launching the third party “America Party” after President Trump signs a historic spending bill that he vocally opposed. pic.twitter.com/5PaH0OJtM3
— Fox News (@FoxNews) July 5, 2025
Musk then holds the voting and declared in a post on Saturday that – “Today, the America party is formed to give you back your freedom.” The announcement post said, “By a factor of 2 to 1, you want a new political party, and you shall have it!”
The reason of announcing the new political party from Musk came after Trump signed his self-styled ‘big, beautiful’ tax-cut and spending bill into law on Friday, June 04, 2025 which Musk opposed fiercely.
🇺🇸🇺🇸🇺🇸 AMERICA 🇺🇸🇺🇸🇺🇸
— Elon Musk (@elonmusk) July 5, 2025
Elon Musk, has become the world’s richest man, thanks to his Tesla car company and his SpaceX satellite firm, that spent hundreds of millions on Trump’s re-election and led the Department of Government Efficiency from the start of the president’s second term aimed at slashing government spending.
CEO of Google – Sundar Pichai and Microsoft owner – Bill Gates also congratulated Elon Musk on this achievement for forming his new political party, which will be the third major party to contest elections and will be called ‘America Party’. CEO of Apple wished – Happy Birthday America!
Happy Birthday America! 🇺🇸
— Tim Cook (@tim_cook) July 4, 2025
Musk said previously that he would start a new political party and spend money to unseat lawmakers who supported the tax bill.