Elon Musk suggests forming his own political party after Trump feud

Elon Musk considers launching new political party after clash with Trump over ‘One Big Beautiful Bill’, risking further rift. Read further on Dynamite News

Austin: After his falling out with US President Donald Trump over the 'One Big Beautiful Bill', SpaceX and Tesla CEO Elon Musk has now suggested forming his own political party, potentially further straining his ties with Trump, reports Dynamite News correspondent.

The multi-billionaire first floated the idea on Thursday on X/Twitter, while taking pot shots at the US President. Musk posted a poll on his account asking his 220 million followers if they think it's "time to create a new political party in America that actually represents the 80% in the middle."

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Surprisingly, over 80% agreed with the poll. "The public has spoken. A new political party is needed in America to represent the 80% in the middle! And exactly 80% of people agree. This is fate," he wrote, on Friday evening.

Musk then endorsed a fan's suggestion that he name it the "America Party". The name bears a resemblance to America PAC (Political Action Committee), the political action committee founded by Musk last year that was his main vehicle for spending $239 million to help elect Trump and other Republican candidates in 2024, CBS News reported.

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However, forming a political party in the US is easier said than done, as the country’s two major parties, the Democratic and the Republican party, along with several other big third parties such as the Libertarian, Constitution, and Alliance parties have made inroads into several major towns, municipalities, and cities, and have ballot access in every state.

Even with Musk’s enormous wealth, it is a very difficult task, and currently he is at the crossroads with his Republican allies, still musing on how to part from them – if he ever even will.

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Musk offered a pointed suggestion Thursday afternoon to congressional Republicans who may be unsure of whether to side with him or the president, writing on X: "Trump has 3.5 years left as President, but I will be around for 40+ years."