#MuskAmericaParty On July 5, 2025, Elon Musk announced the formation of a new political entity, the "America Party," through his social media platform, X. This move was a response to the recent signing by President Donald Trump of the "Great and Beautiful Single Project Act," a $3.3 trillion package of tax cuts and infrastructure spending. Musk criticized the project, arguing that it would significantly increase the national deficit and contribute to economic instability.

Musk's decision to launch the America Party was influenced by a poll he conducted on X, where 65.4% of over 1.2 million respondents expressed support for the creation of a new political party. He stated that the current bipartisan system fails to represent the interests of the American people and contributes to unnecessary government spending.