Overview

• Elon Musk formally established the America Party on July 5 following a poll of 1.2 million X users that showed two-thirds in favor of breaking the two-party system.
• He plans to concentrate resources on 2 or 3 Senate seats and 8 to 10 House districts to secure decisive votes in a narrowly divided Congress.
• He publicly denounced President Trump’s “One Big Beautiful Bill,” warning it would add roughly $3.4 trillion to the deficit over the next decade.
• President Trump threatened to deport Musk and revoke government contracts for his companies in retaliation for the America Party challenge.
• Analysts caution that state ballot-access laws and federal campaign contribution limits pose significant hurdles for Musk’s third-party venture.