WASHINGTON, DC - MAY 30: Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Musk, who served as an adviser to Trump and led the Department of Government Efficiency, announced he would leave his role in the Trump administration to refocus on his businesses.  (Photo by Kevin Dietsch/Getty Images)
Share this @internewscast.com
Tesla founder and billionaire Elon Musk has announced the name of his new political party: The America Party.

The South African-born tech entrepreneur has been vocal about his desire to create a third major political party to contest the Republican Party and Democratic Party in the United States.

After pilot-testing the name of his party with a poll on his platform X (formerly Twitter), Musk declared he has now formed The America Party.

WASHINGTON, DC - MAY 30: Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Musk, who served as an adviser to Trump and led the Department of Government Efficiency, announced he would leave his role in the Trump administration to refocus on his businesses.  (Photo by Kevin Dietsch/Getty Images)
Tesla CEO Elon Musk announced the formation of The America Party. (Getty)

“By a factor of 2 to 1, you want a new political party and you shall have it!” Musk said.

“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.

“Today, the America Party is formed to give you back your freedom.”

Musk spoke about how he would bring his new US party into power in a post late last week on X.

“One way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts,” he said.

“Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring they serve the true will of the people.”

Musk suggested his party could run during the 2026 midterm elections.

Political parties in the US only need to be registered with the Federal Election Commission if they raise or spend money over a certain threshold.

US President Donald Trump during a signing ceremony for the One Big Beautiful Bill Act on the South Lawn of the White House in Washington, DC, US, on Friday, July 4, 2025. Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funding to crack down on illegal immigration. Photographer: Bonnie Cash/UPI/Bloomberg
Musk spent hundreds of millions bankrolling Trump’s second presidential election campaign. (Bloomberg via Getty Images)

Musk spent US$277 million (approx. $422 million) of his own money in support of Donald Trump’s 2024 election campaign.

Musk has publicly opposed Trump’s ‘Big, Beautiful Bill’ which narrowly passed Senate last week and has critiqued the president’s economic policy on X.

Share this @internewscast.com
You May Also Like
'Most famous handbag of all time' sells for $15 million

Iconic Handbag Fetches $15 Million at Auction

The initial prototype of the Birkin handbag, conceived on an air sickness…
The young faces of unthinkable tragedy

The Innocent Faces Behind Unimaginable Tragedy

Julian Ryan’s final words to his mother as floodwaters quickly engulfed their…
t's an Amazon nightmare. Imagine hundreds of oversized packages appear on your doorstep -- and you have no clue why. You never ordered them.

“Hundreds of Misdelivered Packages Turn Woman’s Life into Chaos”

It’s an Amazon nightmare. Imagine hundreds of oversized packages appearing on your…

The US Targets UN Expert Francesca Albanese with Sanctions After Criticism of Israel’s Gaza Conflict

The United States is imposing sanctions on Francesca Albanese, the United Nations’…
Great grandmother Pat, who had to wait more than 24 hours for a hospital bed after a fall.

Elderly Woman Faces Terrifying Experience at Hospital

South Australia’s healthcare system is facing criticism following a distressing incident involving…
Family forced to flee from destructive house fire

Family Escapes Devastating House Fire

An Adelaide family has managed to escape as a fire that caused…

Russia unleashes lethal attack on Ukraine; US restarts arms shipments

Russian drones and missiles bore down on the Ukrainian capital early on…
Police probing mystery death at popular Adelaide beach

Authorities Investigating Unexplained Death at Well-Known Adelaide Beach

A young man’s death at a beach in Adelaide’s southern suburbs remains…
The bodies of two men, believed to have died at different times, have been found inside a home in inner Sydney. 

Police Provide Update on Discovery of Decomposing Bodies in Urban Residence

The deaths of two men whose decomposing bodies were discovered in an…
Spear-fisher's close encounter with great white caught on GoPro

Diver’s Intense Moment with Great White Shark Captured on GoPro

With shark encounters on the rise near Sydney, a nearby spearfisher captured…
An alleged Rebels bikie member has been charged after police uncovered a video of a caged cat being fatally shot at point-blank range on his phone.

Rebels Motorcycle Gang Member Charged with Shooting Trapped Cat Denied Bail

Ceejay Greenwood, 29, was allegedly driving a stolen truck on June 28…
The plant found in oceans and pools could transform lives of thousands of burns victims.

Researchers Discover Plant That May Revolutionize Burn Treatment by Making it Faster and More Affordable

Thousands of burn victims across Australia might soon benefit from a new,…