American industrialist Elon Musk (Elon Musk new Political Party) has announced the formation of his own political party. Musk has said that he has decided to form the ‘American Party’. Before making this announcement, Musk also conducted a poll on the social media platform X. In this poll, 66 percent of the people said that they want a new political party in America.
While announcing his party, Musk also criticized Republicans and Democrats (the two main political parties of America). He said that when it comes to ruining America and corruption, both parties in America (Republican and Democratic) are the same. Now the country will get freedom from the two party system.
The question is, why has Elon Musk, who until a few months ago was working his best to make Donald Trump the President, now announced the formation of a new political party? The biggest reason behind this is US President Donald Trump’s ambitious ‘One Big Beautiful Bill’, which has been passed by the US Parliament. The Big Beautiful Bill is known as the Tax Rebate and Expenditure Reduction Bill.
Musk said, ‘The ‘Big Beautiful Bill’ will further trap America in a debt trap. This bill eliminates electric vehicle and green energy subsidies given to companies like Tesla. Due to which Musk’s companies will suffer huge losses’.Musk believes that this bill is benefiting the polluting fossil fuel and manufacturing industries, while harming the technology and innovation sectors.
Not only this, the CEO of Tesla has threatened that he will enter into a primary challenge against the MPs who support this bill. Even though Musk has not shared the agenda of his new party with the world, he has clearly said that our party will talk about political freedom and freedom of the system. At the same time, the party will focus on the use of taxpayer’s money, governance efficiency and technology-based governance.