Elon Musk has officially launched a new political movement—the “America Party”—following a public split with President Trump over a $3.3 trillion congressional spending bill. Musk announced the party on July 5, citing public dissatisfaction with both major parties. He pledged to focus on “responsible spending only,” protect free speech, and modernize the military. Musk said polling shows Americans favor a third party by a 2-to-1 margin and warned members of Congress that those backing the “One Big, Beautiful Bill” will be targeted for defeat.
Musk’s campaign will reportedly aim to flip two to three Senate seats and eight to ten House districts in 2026. He previously donated $300 million to Trump’s 2024 campaign through America PAC but now says the GOP has become part of a “uniparty” system of wasteful spending. In response, President Trump threatened to end government subsidies and federal contracts tied to Musk’s companies. The breakdown marks a dramatic shift in a relationship once seen as politically aligned.
Conservative leaders are voicing concern that Musk’s party could fracture the Republican vote and undercut legislative momentum. With Republicans needing unity to resist Democrat-led spending efforts, critics argue this move weakens the broader conservative agenda. Others warn Musk’s personal wealth and influence could distort elections by backing centrist candidates who dilute conservative majorities in key districts.
Despite these challenges, Musk insists the America Party represents a populist reset. Backers view the effort as a direct challenge to entrenched interests and fiscal recklessness in Washington. With deep pockets and a massive platform, Musk’s third-party bid is already reshaping the political narrative ahead of the 2026 midterms.