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Elon Musk has announced that he will be launching a new political party weeks after a dramatic falling out with US President Donald Trump.
The billionaire announced on his social media platform on X that he has set up the American party and has build it as a challenge to the Republican as well as the Democratic two-party system.
However, it is unclear whether the party has been formally registered with the US authorities and Musk has not provided any details about who will lead it or who will form it.
This is a very significant announcement that’s coming in from Elon Musk after weeks of taking on the president directly. There was some expectation that either the two sides would potentially back off some olive branch could be extended but that isn’t the case. It started with the big beautiful bill. It passed on 4th of July. It’s now a law. Something that Elon Musk really pitched against, rallied against saying that this is going to be a death nail not just for his industry, but he said for the American economy.
Now that the bill has actually been passed, now there’s a stronger Donald Trump in power because he’s been able to get the entire Republican camp passed that to get that bill passed. In the backdrop of that, now Elon Musk is coming good on the claim that he made earlier, which is that America needs a new political party.
Elon Musk Announces New Third Party, Slams Democrats and Republicans Over ‘Irresponsible’ Spending
He said that both the parties are essentially the same because they want to keep spending money off the taxpayer without thinking how are they going to now pay up for the debt and which is why he feels that and he’s launched a third political party in America.
Now this is unprecedented because largely the American political system is a biparty system that is there are the Democrats there are the Republicans. Now for a third party to come in to gain traction to be significant is going to really rechange and reshape the entire American political landscape.
Musk’s New Party Sparks Speculation: Is This the Beginning of a Political Shake-Up in America?
Does Elon Musk think that long term? Is he having a long-term game plan? Well, that’s a question nobody knows. Not even people closest to Elon Musk. But having said that, if this party does gain traction, of course, it can get all the resources, the funding, all of that can be arranged. But if it has a long-term plan in place, then what we’re looking at is potentially a rejig and a complete revamp of the entire American political system.
But before that happens, trust Donald Trump, trust the Republican party to react. And the next few days are going to be full of more political drama that will come out of America because one thing is for certain that Elon Musk may have written off the $300 billion investment on Donald Trump, but he hasn’t written off as far as some of the other investments he’s made in his business and also the political capital that he now wants to build on. So the next few days, weeks and months are going to be extremely interesting as far as America is concerned. Right. Absolutely.
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