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United States President Donald Trump has criticized Elon Musk’s intentions to establish a new political party as “ridiculous,” asserting that the US operates optimally with a two-party framework.
Following Musk’s declaration of a new US political party amidst his ongoing squabble with Trump, the Republican president addressed this matter while about to board Air Force One in Morristown, New Jersey, heading back to Washington after a visit to his nearby golf club.
“I think it’s ridiculous to start a third party. We have a tremendous success with the Republican Party. The Democrats have lost their way, but it’s always been a two-party system, and I think starting a third party just adds to confusion,” Trump told reporters.
“It really seems to have been developed for two parties. Third parties have never worked, so he can have fun with it, but I think it’s ridiculous.”
Elon Musk standing in the Oval Office. His arms are folded and he has a bemused expression.

On the weekend, billionaire Elon Musk proclaimed his intention to establish the “America Party”. Source: Getty / Kevin Dietsch

Musk, who served as a top adviser to Trump on downsizing and reshaping the federal government during the first few months of his presidency, said his new party would, in next year’s midterm elections, look to unseat Republican politicians in Congress who backed the sweeping measure known as the “Big, Beautiful Bill”.

Speaking on the CNN program State of the Union, US treasury secretary Scott Bessent said the boards of directors at Musk’s companies — Tesla and rocket firm SpaceX — would probably prefer him to stay out of politics.

“I imagine that those boards of directors did not like this announcement … and will be encouraging him to focus on his business activities, not his political activities,” Bessent said.

Trump-Musk relationship soured over ‘Big, Beautiful Bill’

Musk invested significant funds in support of Trump’s 2024 re-election campaign and frequently appeared alongside the president in the White House Oval Office and other locations for a period.

Elon Musk and Donald Trump walking down a street lined with palm trees.

Elon Musk spent millions of dollars backing Donald Trump’s 2024 re-election campaign and served as an adviser on government spending during the first few months of Trump’s presidency. Source: Getty / Brandon Bell

Their disagreement over the spending bill led to a falling out which Musk briefly tried unsuccessfully to repair.

The bill, which cuts taxes and ramps up spending on defence and border security, passed last week on party-line votes in both chambers of Congress.

Critics have said it will damage the US economy by significantly adding to the federal budget deficit.

Trump has said Musk is unhappy because the measure, which Trump signed into law last week, takes away green-energy credits for Tesla’s electric vehicles.
He has threatened to pull billions of dollars Tesla and SpaceX receive in government contracts and subsidies in response to Musk’s criticism.

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