Billionaire entrepreneur Elon Musk recently discussed the idea of a third political party in the United States following President Donald Trump’s signing of the ‘Big Beautiful Bill.’
Musk endorsed a viral post that compared launching a third party to his high-risk ventures like Tesla and SpaceX, stating, “Elon starting a 3rd party is closely akin to Tesla & SpaceX. Low probability of success, but if successful, it could change the game.”
On his social media platform, X, Musk asked his followers whether they want “independence from the two-party system.” He proposed creating the “America Party” and included an interactive poll for his audience.
— Elon Musk (@elonmusk) July 4, 2025
Musk’s interest in forming a new party comes after a fallout with Trump over the recent legislation, which passed both chambers of Congress.
Meanwhile, President Trump is set to sign his flagship tax and spending bill in a grand Independence Day ceremony featuring fireworks and a flyover by stealth bombers involved in military actions.
This bill includes significant funding for Trump’s immigration policies and highlights his influence over the Republican Party and U.S. politics.