Musk, who was once a Trump ally, led a cutback agency known as the Ministry of Administration Efficiency, and he relates to the Republican president about his signing legislation and signed into law on Friday.
As the bill passes through Congress, Musk threatens to form the “American Party” If “this crazy spending bill passes.”
“When it comes to bankruptcy with waste and grafting, we live in a party system, not a democracy,” Musk said on Saturday at the social media company he owns. “Today, the American Party was formed to keep you free.”
When journalists prepared to return to Washington from New Jersey, Trump called Musk’s claims “absurd” and continued to promote “a huge success on the Republican side.”
“The Democrats got lost, but it’s always a two-party system,” Trump added. “And I think the third party just added chaos at the beginning. It’s really developed for both parties.” Trump said the third party never worked.
New parties are not uncommon, but they often have difficulty getting any significant support from the Republican and Democrats. But Musk is the richest man in the world, spending at least $250 million in support of Trump in the 2024 election, which could impact the 2026 election, and decides control of Congress if he is willing to spend a lot of money.
His hatred with the president has been severely damaged Musk can also be expensivetheir businesses rely on billions of dollars in government contracts and publicly traded companies Tesla has been hit in the market.
It is unclear whether Musk has taken steps to formally establish a new party. Musk’s spokesman and his political action committee, the U.S. PAC did not immediately comment on Sunday.
As of Sunday morning, the Saturday X Post from Musk listed multiple parties listed in the Federal Election Commission database, with versions of the name “Doge” or “X”, or Musk listed in people affiliated with the entity.
But none of them seem to be true, listing the organization’s contacts as email addresses, e.g. wentsnowboarding@yahoo.com “Or untraceable proton mail address.
Musk spent the whole morning on Sunday gathering feedback from users on X and said he would use the party to participate in the 2026 midterm elections.
Last month, he threatened to try to expel every member of Congress who voted for the Trump bill. Musk called tax breaks and spending cuts “annoying abomination” and warned that it would increase the federal deficit, among other criticisms.
“The Republicans have carried out a clear sweep of the executive, legislative and judicial departments, and still intend to significantly increase the size of the government and expand the record $5 trillion in the expansion of Treasury bonds,” Musk said on X on Sunday.
His criticism of the bill and took a party criticism, which was a reversal starting in May, when his time at the White House ended, and the head of Rockets’ SpaceX and electric car maker Tesla said he would spend “much less” politically in the future.
Minister of Finance Scott Bettinghe said during a clash with Musk while running, that on Sunday, the Count of The Gounde of CNN, Doge’s “principles” were popular, but “if you look at the polls, Elon is not.”
“I think those boards didn’t like the announcement yesterday would encourage him to focus on his business activities rather than his political activities,” he said.
