Have you ever imagined if Tesla and SpaceX boss, Elon Musk, suddenly jumped into politics and formed his own party? Well, this is no longer a fantasy! After President Donald Trump signed the 'One Beautiful Law' on July 4, 2025, Elon Musk immediately reacted strongly and announced the formation of the 'American Party.' So, what is really behind all this? Let's break it down together!

'One Beautiful Law': What Is That?

Imagine a law that contains a complete package: massive tax cuts (up to $4.5 trillion!), a bloated military budget and immigration enforcement, but on the other hand, there are sharp cuts to Medicaid health programs and green energy programs. President Trump says this is a 'promise kept' and 'rocket fuel for the economy.' But many say this is making the national debt go crazy!

Why Is Elon Musk So Upset?

In fact, Elon Musk was once a 'buddy' and the largest donor to Trump's campaign in 2024. He even served as the head of the 'Department of Government Efficiency' (a sort of team to prevent government waste). But once the 'One Beautiful Law' came out, Musk immediately shouted 'debt slavery!'

He was upset because this law made the national debt pile up and even canceled subsidies for electric vehicles (which is his business!). So upset, he even conducted a poll on X (formerly Twitter) on Independence Day, asking: 'Don't you want to be free from the two-party system?' The result? The majority said 'YES!' And, voila, the 'American Party' was born.

The American Party: What Will It Be?

Now, here's the fun part. In America, creating a new party is incredibly difficult. Their political system tends to have only two major parties (Democrats and Republicans), as Duverger's Law suggests. History also shows that there are rarely third parties that can win the presidency.

Elon Musk certainly has a lot of capital (he has a lot of money, millions of followers on social media!). However, his often controversial image can backfire. After all, he can't run for president because he is not a natural-born citizen of the U.S. So, it is highly likely that this 'American Party' will become a 'spoiler' that will annoy the Republican Party, especially in the upcoming midterms. They could draw votes from fiscally conservative voters who dislike government waste.

Conclusion

So, this 'American Party' was born out of Elon Musk's frustration with the 'One Beautiful Law' which he believes is bankrupting the country. Although Elon can't be president, he has the power to stir up the political stage in the U.S. It's like he may not be able to be the team captain, but he can be the striker who scores an own goal for the opposing team! This will be an interesting spectacle for all of us.

Suggestions

This development shows that politics can come from anywhere, even from people outside the traditional circle. It's important for us to keep up with the news and understand how government policies can affect our lives, even if they come from 'rich people who make rockets.'

Come on, Comment!

What do you think, can this 'American Party' bring about significant change, or will it just be a passing sensation? Share your thoughts in the comments!

Interested in Trading?

Political phenomena like this can influence the market. If you're interested in the world of trading, some coins that may be relevant to observe in the context of market sentiment and technological innovation are:

* Bitcoin (BTC): Often regarded as a 'safe haven' asset amid economic uncertainty.

* Ethereum (ETH): The second largest blockchain platform, closely related to technological innovation.

* Solana (SOL): Known for its speed and rapidly growing ecosystem, appealing to investors looking for innovative projects.

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Disclaimer: This article is for informational and entertainment purposes only, not financial or political advice. Don't let your wallet get caught up in political drama!