Billionaire tech entrepreneur Elon Musk revealed plans on July 4 to possibly launch a new political group called the “America Party.”
He aims to challenge the current two-party system and shift the balance of power in Washington after the 2026 midterm elections.
Musk used his social media platform X to poll his followers on whether they support creating the America Party. By mid-afternoon, over 62% had voted “yes.”
Musk framed this as a move for “independence” from the existing two-party (or “uniparty”) system dominating U.S. politics.
The South African-born billionaire suggested the party would focus strategically on winning a handful of key Senate and House seats.
He mentioned targeting “2 or 3 Senate seats and 8 to 10 House districts” to influence legislation decisively. Given the current razor-thin majorities in Congress, those seats could hold the balance of power on contentious bills.
This announcement came amid Musk’s public frustration with the recently passed One Big Beautiful Bill Act, per the New York Post.
The bill, pushed through by Republicans, has drawn sharp criticism from Musk, who labeled it “pork-filled” and a “disgusting abomination.”
The bill is projected to add roughly $3.9 trillion to the federal deficit over the next decade.