Elon Musk Puts Brakes On Plans To Form a New Political Party
Musk said on the social media platform “X”: “The members of the Congress who have increased the country’s debt by making promise to the people should be ashamed. If this is the last of my life, I will defeat them in the next election.”
He added: “If this bill is approved, the next day, the US Party will be formed. We need a replacement for a similar ‘uni party’ like the Democrat and the Republican.”

It is to be remembered that Musk had spent $ 275 million (about 27 million) to support Donald Trump and other Republicans in the 2024 presidential election, but now he has come out against the Trump policy bill himself.
Musk says the bill will increase the US budget deficit to $ 3.3 trillion in the next 10 years, leading to the coming generations in “debt slavery”.
The bill under consideration in the Senate includes suggestions for tax cuts, reduction of government spending, and increasing some income. But Musk believes that the bill benefits past industries rather than the future economy (electric vehicles, modern energy).