Billionaire entrepreneur Elon Musk has weighed in publicly for the first time since the passage of President Donald Trump’s signature piece of budget legislation, commonly known as the “One Big Beautiful Bill“.
On Friday, Musk took to his social media platform X to once again float the possibility of a third party to rival the two major ones — the Democrats and the Republicans — in United States politics.
“Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system! Should we create the America Party?” Musk asked his followers, attaching an interactive poll.
Musk has maintained that both major parties have fallen out of step with what he describes as the “80 percent in the middle” – a number he estimates represents the moderates and independents who do not align with either end of the political spectrum.
His desire to form a new party, however, emerged after a public fallout with Trump over the “One Big Beautiful Bill”, a sweeping piece of legislation that passed both chambers of Congress on Thursday.
Yet again on Friday, Musk revisited his objections to the bill, albeit indirectly. He shared Senator Rand Paul’s critique that the bill “explodes the deficit in the near-term”, responding with a re-post and the “100” emoji, signifying his full agreement.
The “One Big Beautiful Bill” has long been a policy priority for Trump, even before he returned to office for a second term on January 20.
His aim was to pass a single piece of legislation that included several key pillars from his agenda, allowing him to proceed with his goals without having to seek multiple approvals from Congress.
But the “One Big Beautiful Bill” has been controversial among Democrats and even some Republicans. The bill would make permanent the 2017 tax cuts from Trump’s first term, which critics argue disproportionately benefit the wealthy over middle- to low-income workers.
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