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The rollercoaster of a relationship between the world’s richest man, Elon Musk, and President Donald Trump has captivated the attention of many political observers over the last year — but Musk’s latest move could be his boldest yet. Musk officially filed a Statement of Organization Sunday with the Federal Election Commission for his ‘America Party’ after weeks of threatening the GOP.
On July 4th, Musk asked his 221.7 million followers on X if it was time to make good on his threats to create a new political party and oust the Republicans who supported Trump’s signature budget bill. The bill narrowly passed through Congress after weeks of debate and different GOP factions plotting to tank the legislation at various points in the process.
‘One way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts,’ Musk wrote on X. ‘Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people.’
Republicans currently hold slim majorities in both the House and Senate, with just a handful of seats giving them the edge over Democrats. Out of 100 seats in the U.S. Senate, 53 are held by Republicans. In the House, 220 seats are held by Republicans, 212 by Democrats, and three are presently vacant due to member deaths. Trump’s budget bill passed with narrow margins in both chambers last week, with some members of the President’s party voting against it.
Musk and Trump got into a social media war during debate on the legislation, leading to Musk threatening to use his billions to start a third party and Trump threatening to deport the naturalized American citizen. Last Monday, before the bill even passed, Musk escalated his attacks, saying lawmakers who campaigned on cutting spending but supported the bill ‘should hang their heads in shame.’ He added, ‘And they will lose their primary next year if it’s the last thing I do on this Earth.’
Musk, now worth over $400 billion, founded the AmericaPAC super PAC in 2024. AmericaPAC raised more than $260 million last year, much of it to back Republicans in swing districts. Over $88 million went to supporting Trump directly. Despite the unpopularity of national third-party or independent presidential campaigns, state-level races tell a different story. Two current U.S. Senators are Independents who caucus with Democrats, and dozens of independents have served in the Senate throughout history.
Musk was notably quiet immediately after the budget bill passed but weighed in on July 4th with a cryptic post: ‘Great day for some … fireworks,’ with two fire emojis. He praised Senators Rand Paul and Rep. Thomas Massie, both of Kentucky, for voting against the bill, posting a ‘100’ emoji in support. He previously threatened to primary any GOP lawmaker who voted in favor. Some, like Rep. Ralph Norman (R-S.C.), brushed off the threat, calling Musk a ‘true patriot’ and praising his past government service under Trump.
Still, Musk has called out Freedom Caucus members who supported the bill. ‘How can you call yourself the Freedom Caucus if you vote for a Debt Slavery bill with the biggest debt ceiling increase in history?’ he wrote, tagging two GOP lawmakers. Meanwhile, other Republicans downplayed Musk’s political ambitions, while some Trump allies struck back. Investor James Fishback, whose ETF avoids DEI-focused firms, pulled his Tesla-themed fund in response to Musk’s party launch. It remains to be seen whether Musk’s opposition to Trump-aligned Republicans is a one-off—or a sign he’s serious about reshaping the GOP from the outside.
This article was originally published by a www.dailymail.co.uk . Read the Original article here. .