By Dayo Ade Olusla | M10News | Politics Desk|July 4, 2035
Billionaire tech mogul Elon Musk used the Fourth of July to rally support for his latest political project — forming the “America Party” — which he claims could reshape the power dynamics in Washington as early as next year’s midterm elections.
Frustrated with the Republican Party’s recent legislative moves, Musk floated the idea of creating a third party to challenge what he called the nation’s “uniparty system.”
“Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system!” Musk declared on his social media platform X.
In a poll to his followers, Musk, 54, asked if the America Party should be established. By mid-afternoon, over 62% had voted “yes.”
Musk outlined a strategic blueprint, suggesting that flipping a small number of congressional seats would be enough to hold significant influence in Washington.
“One way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts,” Musk explained.
“Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people.”
Musk’s political pivot comes after his sharp criticism of the Republican-backed “One Big Beautiful Bill Act,” which he called a “disgusting abomination” last month. Once a vocal supporter of Donald Trump’s economic policies, Musk has increasingly turned against the former president and GOP leaders.
While Musk has publicly cited concerns over the bill’s projected $3.9 trillion addition to the national deficit, critics argue his opposition is rooted in self-interest. The legislation rolls back key Biden-era green energy tax credits, a move expected to hit Tesla’s bottom line.
“Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future,” Musk raged last week ahead of the bill’s passage.
Musk, who spearheaded the Trump administration’s Department of Government Efficiency (DOGE) cost-cutting initiative, was instrumental in saving an estimated $160 billion in federal spending. But with the new legislation raising the debt ceiling by $5 trillion, Musk claims it undermines his efforts.
“What good is DOGE saving $160B when this bill increases the debt ceiling by $5T? It makes a mockery of the work,” Musk posted Tuesday.
In recent days, the Tesla and SpaceX CEO has amplified messages from deficit hawks, including Senator Rand Paul (R-Ky.) and Representative Thomas Massie (R-Ky.), both of whom opposed the bill.
Tensions between Musk and the Republican establishment have escalated, with Trump and his allies threatening to oust Massie in the next primary. But Musk, the world’s richest man with an estimated $405 billion fortune, has vowed to support Massie’s re-election in 2026.
Despite their falling out, Musk was a major donor to Trump’s 2024 campaign, contributing roughly $290 million, according to campaign finance records.
With Republicans holding a slim 53-47 majority in the Senate and a 220-212 majority in the House, Musk believes a third party could seize the balance of power — and reshape American politics.
