By Molly Claire Goddard
8:29am PDT, Jul 1, 2025
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Elon Musk may dive into politics to get revenge on his ex-pal Donald Trump.After the billionaire's falling out with the president over his "Big, Beautiful Bill," Musk took to social media to announce that he would be forming a third political party in the United States if the legislation passes.
Keep reading to learn why the tech mogul may be getting into public service…
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Despite Elon Musk helping Donald Trump with the Department of Government Efficiency and supporting his 2024 campaign, the Tesla founder stanchly came out against the proposed budget reconciliation legislation."If this insane spending bill passes, the America Party will be formed the next day," Musk penned in a message shared to X on Monday, June 30. "Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE."
In a post shared hours earlier, the 54-year-old claimed the bill was packed with "insane spending" and would add "FIVE TRILLION DOLLARS" to the national debt.
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Elon Musk and Donald Trump have traded jabs back and forth since their fallout. "Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate. Such ingratitude," the SpaceX founder wrote in a Thursday, June 5, X update.When asked about Musk's criticisms during a Saturday, June 7, interview with NBC News' Kristen Welker, the commander-in-chief said, "I think Elon, really, I think it's a shame that he's so depressed and so heartbroken."
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Despite the tension between Donald Trump and Elon Musk, The Apprentice star has recently changed his approach to handling the feud with his former friend."I think he's a wonderful guy. I haven't spoken to him much, but I think Elon is a wonderful guy and I know he's going to do well always," Trump told Fox News during an interview on Sunday, June 29. "He's a smart guy. And he actually went and campaigned with me and this and that. But he got a little bit upset and that wasn't appropriate."