Elon Musk Launches ‘America Party’ After Break With Trump Over Deficit-Heavy Budget Bill

Elon Musk has officially blown up the bromance with Donald Trump and announced he’s forming a new political outfit called the America Party. This dramatic split comes on the heels of Trump’s so-called “Big, Beautiful Bill”—a budget and tax package that dishes out hefty tax breaks to the wealthy while hacking away at Medicaid and food assistance programs. Musk, never one to bite his tongue, called the whole thing fiscally reckless and warned it would “bankrupt the country.” For a guy who once had a seat at Trump’s advisory table, this is a hell of a pivot.

The launch wasn’t subtle. Musk floated the idea on X (formerly Twitter), where 65% of over 1.2 million users gave him the green light. He followed up with a post that read like a digital Declaration of Independence: “By a factor of 2 to 1, you want a new political party and you shall have it. When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom.” Say what you will, but the man knows how to stir the pot.

Now, Musk isn’t looking to blanket the map with candidates. The America Party’s game plan is to target a few key House and Senate races—just enough to block either major party from holding a majority. He wants to create a swing bloc that can tip the scales and, in his view, shake Washington out of its “uniparty” stupor.

Things have gone from cold to volcanic between Musk and Trump. Trump, clearly stung by the betrayal, is already swinging back. Word is, he’s threatened to cut off federal subsidies to Musk’s companies and even floated the idea of deporting him—never mind that Musk is a naturalized U.S. citizen. Classy.

Musk may have billions in the bank and a cult following online, but experts are quick to remind everyone that building a third party in America isn’t like building a Tesla. State-level ballot access laws are a bureaucratic nightmare, and the two-party system has been entrenched for well over a century. Money helps, but it doesn’t bulldoze red tape.

As of now, there’s no official paperwork filed for the America Party, but Musk says he’s all in for the 2026 midterms. The plan? Focus on a small number of high-stakes races and use his influence like a political scalpel—not a sledgehammer. Whether this party becomes a real force or ends up in the political scrapyard remains to be seen. But one thing’s for sure—Musk is no longer riding shotgun in the MAGA caravan. He’s building his own vehicle.