After declaring he was stepping away from the political spotlight, Elon Musk got right back in it.
As the Senate debated President Donald Trump's "Big, Beautiful Bill" on Monday before a final vote, Musk issued a stark warning via his social media platform X.
"Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth," he said. wrote .
A few hours later he went further, declaring on X that if the "insane spending bill passes, the America Party will be formed the next day."
“Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE,” he wrote.
In a late-night post on social media, Trump hit back against Musk and threatened to direct the Department of Government Efficiency (DOGE) against the tech billionaire.
"Elon may receive more subsidies than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more rocket launches, satellites, or electric car production, and our country would save a fortune. Perhaps we should have DOGE take a good, hard look at this? BIG MONEY TO BE SAVED!!!" Trump wrote on his Truth Social .
For weeks, Musk has railed against Trump's policy bill, leading to a very public and ugly fight with Trump earlier this month. In a flurry of X posts several weeks ago, Musk had proposed starting a new political party.
That proposal resurfaced on Monday, when Musk said It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country - the PORKY PIG PARTY!! Time for a new political party that actually cares about the people.
Musk’s decision to support candidates who intend to run primary challenges against members of Congress is one of Musk’s most concrete political threats since leaving his position as a White House adviser. Musk spent more than $275 million supporting Trump and other Republican candidates in the 2024 election. In late May, he stated in an interview that he was planning to reduce his political spending, saying he has "done enough."
According to Federal Election Commission filings, Musk’s political action committee, America PAC, last gave money in March to support two Republican candidates running in special elections in Florida—Randy Fine and Jimmy Patronis.
Musk has long supported closed borders, deportations, and stopping illegal immigration, in line with the Trump administration.
But the domestic policy bill has appeared to trigger a rift between the Tesla CEO and the White House. Musk has argued that the Republican policy bill will increase the debt, calling it "debt slavery."
The Senate bill would add nearly $3.3 trillion to the deficit over the next decade, according to a Congressional Budget Office estimate released Sunday. The Senate legislation costs more than the House-approved bill, which would add $2.4 trillion to the deficit over the next decade.
The Senate package contains deeper tax cuts , fewer spending cuts and provisions that would raise revenue. The White House has argued The bill "slashes deficits" and the debt, while "unleashing economic growth."
The Trump administration and certain Senate Republicans are choosing not to include the cost of extending the 2017 Trump tax cuts in their calculations of the bill’s impact on the federal deficit.
Although Musk has stated that the loss of electric vehicle (EV) and solar energy subsidies and credits in the bill is not the reason he opposes the legislation, he has complained The bill "gives handouts to industries of the past while severely damaging industries of the future."
In his post on Truth Social, Trump defended his position against EV mandates, writing: "Elon Musk knew, long before he so strongly endorsed me for President, that I was strongly against the EV mandate. It is ridiculous, and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one."
Tami Luhby of newsrealtime contributed reporting.
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