· X post
Musk declares formation of the 'America Party' after Trump signs tax and spending law
When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy
What he said or did
Musk posted that When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy
and Today, the America Party is formed to give you back your freedom,
following an X poll on whether to create a party.
Background
Trump had signed the tax and spending bill Musk opposed on 4 July. AP reported it was unclear whether a party had been formally registered; FEC filings under similar names did not appear authentic.
Official response
Trump said I think it's ridiculous to start a third party
and Third parties have never worked
; Treasury Secretary Scott Bessent said Musk's company boards did not like this announcement
(Reuters via AAP).
What happened next
In August 2025 the Wall Street Journal reported Musk had quietly shelved the party plans; Musk responded Nothing @WSJ says should ever be thought of as true
(Reuters via Business Day).
Sources
- AP (via KPTV)6 Jul 2025
- Reuters (via AAP)7 Jul 2025
- Reuters (via Business Day)20 Aug 2025
This entry records what was publicly said or done, as reported by the sources above. Quotes are attributed to the person who made them.
