403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Musk Pushes Forward with Launch of New Political Party
(MENAFN) Elon Musk has revealed that he is advancing with efforts to establish a fresh political party. This development follows a significant disagreement between the tech mogul and President Donald Trump regarding fiscal and budgetary issues.
On Saturday, Musk voiced strong criticism of both major political parties in the United States, accusing them of misusing public funds and harming the nation’s financial stability.
According to his post on X, the platform he owns, “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy.”
He then declared, “Today, the America Party is formed to give you your freedom.”
Although Musk did not provide detailed updates on the progress of the initiative, he suggested that the first significant action might take place “next year,” during the U.S. midterm elections scheduled for November 2026.
These elections will see all 435 seats in the House of Representatives and 33 of the 100 Senate positions up for contest.
For the party to be formally recognized on a national level, it must establish a founding entity, gain political committee status, and register with the Federal Election Commission.
In a subsequent post, Musk drew a historical analogy to describe his approach to dismantling the current political order: “The way we’re going to crack the uniparty system is by using a variant of how Epaminondas shattered the myth of Spartan invincibility at Leuctra: extremely concentrated force at a precise location on the battlefield.”
Musk initially introduced the concept of the America Party last month. He reaffirmed his commitment to the project this week and confirmed his decision to move forward on Saturday.
He linked the initiative to his opposition to Trump’s massive multi-trillion-dollar fiscal proposal, known as the ‘Big Beautiful Bill,’ which he has repeatedly criticized.
This latest move by Musk has garnered significant attention from various media outlets, as it could mark a notable shift in the American political landscape.
On Saturday, Musk voiced strong criticism of both major political parties in the United States, accusing them of misusing public funds and harming the nation’s financial stability.
According to his post on X, the platform he owns, “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy.”
He then declared, “Today, the America Party is formed to give you your freedom.”
Although Musk did not provide detailed updates on the progress of the initiative, he suggested that the first significant action might take place “next year,” during the U.S. midterm elections scheduled for November 2026.
These elections will see all 435 seats in the House of Representatives and 33 of the 100 Senate positions up for contest.
For the party to be formally recognized on a national level, it must establish a founding entity, gain political committee status, and register with the Federal Election Commission.
In a subsequent post, Musk drew a historical analogy to describe his approach to dismantling the current political order: “The way we’re going to crack the uniparty system is by using a variant of how Epaminondas shattered the myth of Spartan invincibility at Leuctra: extremely concentrated force at a precise location on the battlefield.”
Musk initially introduced the concept of the America Party last month. He reaffirmed his commitment to the project this week and confirmed his decision to move forward on Saturday.
He linked the initiative to his opposition to Trump’s massive multi-trillion-dollar fiscal proposal, known as the ‘Big Beautiful Bill,’ which he has repeatedly criticized.
This latest move by Musk has garnered significant attention from various media outlets, as it could mark a notable shift in the American political landscape.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
- Cooking.City Bringing Back Value Redistribution To Solana Fair Launches
- Freedom Holding Corp. Reports Fiscal Year 2025 Financial Results
- GAP 3 Partners FZCO Becomes Dubai's First Regulated Virtual Asset Investment Advisor With Operational License From VARA
- NEXST Launches Web3 VR Entertainment Platform With K-Pop Group UNIS As First Global Partner
- The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1Bn Valuation
- Everstake Brings Ethereum Experts Together To Explore Post-Pectra And Institutional Adoption
More Story
Comments
No comment