Elon Musk announced the formation of the “America Party” on Saturday, claiming it will restore Americans’ freedom, CNBC reported. The move followed a poll Musk posted on X, in which he stated that support for a new party was “2 to 1.” Musk indicated that the party could target a handful of Senate and House races to influence close votes. However, it has not yet been registered with the Federal Election Commission. He said it would caucus independently and engage both parties in legislative talks. Musk donated over $280 million during the 2024 presidential campaign. Most of the money went to Trump, with some also supporting other Republican candidates. The two once aligned over government cuts, but Musk now denounces Trump’s policies as excessive and fiscally reckless.
