Elon Musk Makes a Spoiler Party

_WHAT’S HAPPENING_

Elon Musk announced the formation of the “America Party” over the weekend, declaring it a direct challenge to what he calls the “uniparty” system in Washington.

The move came just one day after President Donald Trump signed his $3.3 trillion Big Beautiful Bill into law, a package Musk has sharply criticized for its spending. The announcement has drawn backlash from Trump and conservatives, concerned that the party could fracture the GOP.

_THE FACTS_

• Elon Musk called the America Party a response to “waste & graft” in both major parties.

• Musk said the party will target “2 or 3 Senate seats and 8 to 10 House districts” to act as a swing bloc. He stated it would caucus independently from the Republicans or Democrats.

• Musk added that running a candidate for president in 2028 was “not out of the question.” Musk would not be eligible, as he is not a natural-born American citizen.

• Musk accused both parties of bankrupting the country and said the America Party would promote “responsible spending only.”

• Tesla shares dropped over seven percent following Musk’s announcement.

• Trump responded by saying Musk has gone “off the rails” and said third parties only create “disruption & chaos.”

• Trump has threatened to pull federal subsidies from Musk’s companies and block his allies from government jobs — moves he says have Musk spiraling.

• Some conservatives, like CNN’s Scott Jennings, believe that the America Party could split the right-leaning vote and help Democrats in close races.

• Others, like Daily Wire commentator Michael Knowles, believe the party poses no threat to Republicans but may instead take votes from Democrats.

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