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Benzinga
Benzinga
Business
Khyathi Dalal

Elon Musk Slams Donald Trump's 'Insane Spending Bill' As Polymarket Odds Of 'America Party' Launch Surge

Zagreb,,Croatia,,1.20.2025.:,Donald,Trump,Speaking,Passionately,With,Elon,Musks

Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk has reiterated threats to form a new “America Party,” as his public feud with President Donald Trump over the “Big Beautiful Bill” continues to gather steam.

What Happened: The calls for a new U.S. political party gained momentum on July 1 after Musk sharply criticized President Trump's proposed bull, a federal spending package Musk labeled a "disgusting abomination" due to its tax breaks and cuts to essential programs like healthcare and food assistance.

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