Musk erupts: "Big and Beautiful" bill passed, I will establish a new party tomorrow!
Recently, the U.S. Senate voted on the "Big and Beautiful" bill, which directly angered Musk to the point of typing furiously overnight. What does "Big and Beautiful" mean? Simply put, this bill, under the pretext of distributing money to everyone, quietly cuts new energy subsidies, tightens policies on crypto assets, and intends to ramp up global taxation.
Musk saw this and thought: isn't this aimed directly at me! Tesla will lose new energy subsidies, SpaceX may be troubled by political opponents, and even his beloved cryptocurrency could face strict regulation. Dubbed "global taxation," it may actually complicate cross-border crypto fund transactions.
Musk directly declared on the X platform: "If this bill dares to pass, I will establish a new political party tomorrow!" — This sparked widespread discussion online, with onlookers quickly taking sides, and about 80% of netizens surprisingly supporting him in forming the "Musk Party." Even the crypto community started to play along, creating the "KBBB" (Kill Big Beautiful Bill) meme coin, which skyrocketed in market value.
From Musk's perspective, this bill not only affects his electric vehicle business but may also increase the tax burden on his multinational enterprises. Coupled with potential restrictions on crypto assets, this is essentially cutting off his financial resources and undermining his beliefs.
Some say Musk's move is a "multi-front battle" to protect the crypto space, defend Tesla, and angrily confront the big spending bill; others argue that Musk is simply using his political influence to safeguard his business empire. But it is undeniable that Musk has once again successfully placed himself in the spotlight across the U.S.
In summary: As soon as the Big and Beautiful bill was introduced, Musk became both furious and wild.