Elon Musk’s political ambitions have drawn sharp criticism from U.S. President Donald Trump, who described the billionaire’s new America Party as a threat to the stability of the Republican base. The timing of the announcement has stirred speculation, just months before the crucial 2026 midterm elections.

America Party Could Split Republican Vote in 2026

Musk’s announcement came shortly after the passage of the One Big Beautiful Bill, a controversial tax and spending measure backed by Trump. Musk opposed the bill, calling it a “disgusting abomination” that adds $3.3 trillion to the national debt over the next decade. In response, he vowed to challenge Republican lawmakers who supported the legislation.

“They will lose their primary next year if it is the last thing I do on this Earth,” Musk said in a social media post.

The formation of the America Party has raised concerns within the Republican camp, with several GOP strategists warning that Musk could siphon off key votes, potentially tipping close races to Democratic candidates.

Trump Labels Musk “Off the Rails”

Trump responded by accusing Musk of going “off the rails” and dismissed the idea of a third party as unworkable.

“Third political parties have never succeeded in the United States,” Trump argued, referring to the country’s first-past-the-post voting system, which historically favors a two-party structure.

Despite this, Musk maintains that the America Party will not focus on the presidency but will instead aim to flip a few key Senate and House seats, enough to influence the passage of legislation.

High-Profile Republicans May Defect

Musk’s growing influence is causing some unease within conservative circles. Political commentators have suggested that prominent Republican figures, including Marjorie Taylor Greene and Thomas Massie, might consider aligning with Musk’s vision, especially if the party gains traction.

America Party Taps Into Anti-Spending Sentiment

The America Party appears to be positioning itself as a pro-innovation, anti-waste movement. It builds on Musk’s former role in the Department of Government Efficiency (DOGE), a symbolic reference to Dogecoin and broader cost-cutting initiatives.


Outlook


With America heading into a high-stakes election cycle, Elon Musk’s political entry could redefine traditional party lines. If the America Party gains momentum, it could emerge as a disruptive force in congressional power dynamics — especially in closely contested states.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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