On July 5, local time, American entrepreneur Elon Musk announced on the social media platform that the "American Party" was established on that day.

The direct reason for Musk establishing the "American Party" is that the "Big and Beautiful" bill, pushed by Trump, took effect on July 4. This bill repealed several provisions set by the Biden administration to reduce energy consumption and eliminated tax breaks for purchasing electric vehicles, which is detrimental to Musk's Tesla company. Furthermore, Musk believes that the Democratic and Republican parties in the United States are essentially a "single party," and that the United States needs alternative choices. He hopes that the new political party can represent the "80% of moderate voters" in American society and liberate the American public from the two-party system.

However, according to U.S. law, the establishment of a party eligible to participate in elections requires a complex certification process. Public opinion in the United States remains cautiously skeptical about the political prospects of the "American Party," as the Republican and Democratic parties have long dominated and controlled American politics since the Civil War. The newly established party will face numerous obstacles in attempting to shake up the long-standing political structure in the United States. #BTC#马斯克计划成立美国党 $BTC