Elon Musk Threatens to Form New Party to Unseat Lawmakers Who Support Trump’s Bill
On July 1, 2025, Tesla and SpaceX CEO Elon Musk took to X to denounce President Trump’s proposed budget and tax package—dubbed the “One Big Beautiful Bill”—warning lawmakers that those who support the bill “will lose their primary next year if it is the last thing I do on this Earth.” He also vowed to establish the “America Party” immediately if the legislation passes, labeling the current party system a “one‑party Porky Pig Party”. Why This Threat Holds Weight Political Clout: Musk previously donated over $250 million to Trump’s 2024 campaign and helped launch America PAC—now threatening lawmakers he once backed. Deficit Concerns: He criticized the bill’s projected $3.3 trillion deficit increase, calling it “insane and destructive,” and warning it undercuts his anti‑debt efforts. EV Industry Clash: Musk lamented the bill’s rollback of electric‑vehicle subsidies, contending it favors outdated sectors over future‑focused […]