{"content":"Elon Musk Announces "America Party" Amid Feud with Trump July 7, 2025 – Elon Musk, the world’s richest man and CEO of Tesla and SpaceX, has declared his intention to form a new U.S. political party, dubbed the "America Party," following a public falling-out with President Donald Trump. The announcement, made on Musk’s social media platform X on July 5, 2025, comes as a response to Trump’s controversial "One Big Beautiful Bill," a $3.3 trillion tax and spending package signed into law on July 4, 2025, which Musk has criticized as fiscally reckless. Musk’s decision was foreshadowed by a poll he posted on X on July 4, asking his 220 million followers if they supported creating a new political party to represent “the 80% in the middle.” The poll, which garnered over 1.2 million votes, reportedly showed 65.4% in favor. On July 5, Musk wrote, “By a factor of 2 to 1, you want a new political party and you shall have it! Today, the America Party is formed to give you back your freedom.” He argued that the U.S. operates under a “one-party system” driven by “waste & graft,” referring to the Republican-Democratic duopoly as a “uniparty.” Strategic Focus and Challenges Musk has outlined a targeted strategy for the America Party, suggesting it would focus on a small number of congressional races—specifically “2 or 3 Senate seats and 8 to 10 House districts” in the 2026 midterm elections. He believes that with the current razor-thin legislative margins, these seats could position the party as a decisive swing bloc to influence major legislation. However, Musk has not clarified who would lead the party, especially since, as a South African-born U.S. citizen, he is constitutionally ineligible to run for president. Creating a viable third party in the U.S. is a formidable challenge. The American electoral system, with its winner-take-all structure and state-by-state ballot access rules, heavily favors � #TrumpTariffs #DayTradingStrategy ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/07/768b6e84c3ff4d0386334fc25ca5c20b.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}