Overview
- Musk’s opposition to Trump’s mammoth spending bill centers on its projected $4 trillion addition to the deficit, leading him to vow he would form the America Party and primary lawmakers who back the measure.
- Libertarian Party Chair Steven Nekhaila urged Musk to join the Libertarian Party instead of creating a new one, citing its existing ballot access in all 50 states and its $1 million–$3 million annual budget as ready infrastructure.
- Centrist group No Labels, led by board member Dan Webb, has also courted Musk by offering its national network and recent ballot achievements as a launchpad for his political movement.
- Musk’s previous political investments—more than $250 million in the 2024 election via his America PAC—dwarf Libertarian resources, underscoring his potential leverage in third-party efforts.
- As of July 3, Musk has not responded to either organization’s overtures, leaving open whether he will build his own party or anchor his efforts within an established group.