Billionaire Elon Musk has launched a new political entity in the U.S. called ‘The America Party’. Announced on July 5, 2025, shortly after a public clash with Donald Trump over a controversial tax bill, Musk positioned the party as a fiscally conservative alternative to the current political establishment. A former adviser to Trump, Musk criticized the “Big, Beautiful Bill” for increasing the national debt and described both major parties as a “uniparty” enabling wasteful spending.

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