Elon Musk declares 'America Party' is born after Trump enacts $3.3 trillion bill

Key Takeaways

Elon Musk announced the formation of the America Party following a widely-supported social media poll.
The announcement came after Donald Trump signed the ‘Big Beautiful Bill,’ a major spending and border security package.

Elon Musk on Saturday declared the formation of the “America Party,” a new alternative to the existing two-party system dominated by Democrats and Republicans. The statement came after President Donald Trump signed his flagship spending bill, the “Big Beautiful Bill,” into law.

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. https://t.co/9K8AD04QQN

— Elon Musk (@elonmusk) July 5, 2025

Musk has vehemently opposed the legislation, despite supporting Trump in the 2024 election. The bill has also deepened tensions between the president and his former special government employee.

Musk said in June that legislation can’t be “both big and beautiful,” insisting that bills are either big and ugly or slim and beautiful, and he favored the latter.

Whatever.

Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill.

In the entire history of civilization, there has never been legislation that both big and beautiful.…

— Elon Musk (@elonmusk) June 5, 2025

As Trump’s bill cleared the Senate and headed to the final House vote, Musk warned on Monday that if Trump’s “insane” spending bill passed, he would immediately create a new political group called the “America Party.”

Musk, the biggest Republican donor, warned on Monday that if Trump’s “insane” spending bill passed, he would immediately create a new political group called the “America Party.”

“Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE,” Musk noted.

The bill cleared the House on Thursday and was signed by Trump on Friday. It includes tax cuts, higher discretionary spending, and safety-net reductions. Analysts estimate that the national debt will increase by $3.3 trillion over the next decade as a result of the bill’s enactment.

Also on Friday, Musk opened a poll on X, asking his 221 million followers whether he should form a new political party called the “America Party.” The survey ended with over 65% voting in favor of the idea, out of more than 1.2 million total votes.

Musk’s latest post showed that he was doubling down on the idea, positioning the “America Party” as a response to public demand and a challenge to the political status quo. Despite his bold declarations, there’s no evidence yet that Musk is taking any real steps to launch the party.

Following Musk’s latest statement, several meme tokens themed around the proposed “America Party” saw massive gains, according to data from GeckoTerminal.