BTCC / BTCC Square / Global Cryptocurrency /
Elon Musk Launches ’America Party’ Amid Political Feud with Trump

Elon Musk Launches ’America Party’ Amid Political Feud with Trump

Published:
2025-07-06 01:07:01
15
1
BTCCSquare news:

Elon Musk has unveiled the 'America Party,' a new political movement promising to restore freedom, just one day after polling X users on the need for a fresh political alternative. The announcement follows a 2-to-1 public endorsement for a new party. Musk's decision comes amid escalating tensions with former President Donald Trump, who recently signed a contentious tax-and-spend bill into law.

The billionaire, who previously backed TRUMP with significant financial support and served in his administration, had vehemently opposed the bill. Trump's subsequent move to strip federal subsidies from Musk's businesses—amounting to tens of billions—sparked a decisive response. Musk now vows to fund campaigns against lawmakers who supported the legislation, operating under his new party's banner.

Republicans fear the public rift between Musk and Trump could jeopardize their 2026 midterm prospects. Musk's critique of the bill—'Increasing the deficit from an already insane $2T under Biden to $2.5T. This will bankrupt the country'—has intensified the political showdown.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users