Overview

• On July 4, Musk polled his X followers in a survey that drew 1.25 million votes and found 65.4% in favor of forming a new political party.
• A Quantus Insights poll conducted June 30–July 2 showed that 40% of U.S. voters would be likely to support a party launched by Musk.
• Musk proposes targeting just 2–3 Senate races and 8–10 House districts to secure decisive leverage in Congress.
• His announcement follows public splits with President Trump over the $3.3 trillion “One Big, Beautiful Bill” and a heated feud with Steve Bannon.
• Critics point to Musk’s tenure leading the Department of Government Efficiency, where claimed savings of $190 billion were partly offset by $135 billion in added costs.