Tech billionaire Elon Musk has quietly shelved his plans to launch the “America Party” less than three months after announcing it. The decision marks a dramatic shift for the world’s richest man, who had promised to give Americans back their “freedom” through a new political movement that would challenge both Republicans and Democrats.
Musk unveiled his third-party plans in July after a bitter public feud with President Donald Trump over the “One Big Beautiful Bill Act.” The SpaceX and Tesla CEO had criticized the legislation for adding what he called a record $5 trillion to the federal debt. “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy,” Musk wrote on X when announcing the party. “Today, the America Party is formed to give you back your freedom.”
