‘To give you back your freedom’: Musk launches ‘America Party’ as feud with Trump escalates

The Tesla CEO's feud with the US President whitethorn interaction Republican 2026 predetermination chances

Elon Musk speaks during a property league astatine the White House successful Washington. Reuters file

The tattered bromance betwixt Republican President Donald Trump and his main run financier Elon Musk took different fractious crook connected Saturday erstwhile the abstraction and automotive billionaire announced the enactment of a caller governmental party, saying Trump's “big, beautiful” taxation measure would bankrupt America.

A time aft asking his followers connected his X level whether a caller US governmental enactment should beryllium created, Musk declared successful a station connected Saturday that “Today, the America Party is formed to springiness you backmost your freedom.”

“By a origin of 2 to 1, you privation a caller governmental enactment and you shall person it!” helium wrote.

The announcement from Musk comes aft Trump signed his self-styled “big, beautiful” tax-cut and spending measure into instrumentality connected Friday, which Musk fiercely opposed.

Musk, who became the word's richest antheral acknowledgment to his Tesla car institution and his SpaceX outer firm, spent hundreds of millions connected Trump's re-election and led the Department of Government Efficiency from the commencement of the president's 2nd word aimed astatine slashing authorities spending.

The 2 person since fallen retired spectacularly implicit disagreements astir the bill.

Musk said antecedently that helium would commencement a caller governmental enactment and walk wealth to unseat lawmakers who supported the bill.

Trump earlier this week threatened to chopped disconnected the billions of dollars successful subsidies that Musk's companies person from the national government.

Republicans person expressed interest that Musk's on-again, off-again feud with Trump could wounded their chances to support their bulk successful the 2026 midterm legislature elections.

Asked connected X what was the 1 happening that made him spell from loving Trump to attacking him, Musk said: “Increasing the shortage from an already insane USD 2T nether Biden to USD 2.5T. This volition bankrupt the country.”

He referenced the maturation of Greece from subjugation to preeminence successful the past satellite successful different tweet, saying: “The mode we're going to ace the uniparty strategy is by utilizing a variant of however Epaminondas shattered the story of Spartan invincibility astatine Leuctra: Extremely concentrated unit astatine a precise determination connected the battlefield.”

There was nary contiguous remark from Trump oregon the White House connected Musk's announcement.

The feud with Trump, often described arsenic 1 betwixt the world's richest antheral and the world's astir powerful, has led to respective precipitous falls successful Tesla's stock price.

The banal soared aft Trump's November reelection and deed a precocious of much than USD 488 successful December, earlier losing much than fractional of its worth successful April and closing past week retired astatine USD 315.35.

Despite Musk's heavy pockets, breaking the Republican-Democratic duopoly volition beryllium a gangly order, fixed that it has dominated American governmental beingness for much than 160 years, portion Trump's support ratings successful polls successful his 2nd word person mostly held steadfast supra 40 per cent, contempt often divisive policies.