Core Event of #马斯克计划成立美国党 On July 5, 2025, Elon Musk announced the establishment of a new political party, 'American Party', on social media, stating its goal is to 'give freedom back to the people' and plans to participate in the 2026 midterm elections.

Event Summary

Background and Trigger

Musk and Trump had disagreements over the 'Great and Beautiful' tax and spending bill. The bill was signed into law by Trump on July 4, which includes cuts to new energy subsidies and adjustments to tax rates, directly affecting the interests of companies like Tesla.

Musk had previously threatened on June 30 that if the bill passed, he would form a new party and initiated an online poll on July 4, where 65.4% of participants (about 1.249 million people) supported the formation of the 'American Party'.