On July 5, #马斯克计划成立美国党 local time, Tesla CEO Elon Musk officially announced the establishment of a new political party called "The America Party" on social media platform X, claiming that this move aims to "restore freedom to the people" and combat monopolistic systems. Previously, Musk strongly opposed the "Too Big to Fail" act signed by Trump (which reduced electric vehicle subsidies and increased the fiscal deficit), and initiated an online vote on July 4, where 65.4% of the 1.249 million participants supported the formation of the party.

The core program of "The America Party" includes fiscal conservatism and investment in future industries (such as AI and space technology), with the goal of vying for key seats in both houses of Congress in the 2026 midterm elections. Analysts believe that Musk's move may be a way to pressure the Republican Party, and the actual political impact remains to be seen.