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World’s richest man Elon Musk forms new political party after ‘fight’ with United States(US) President Donald Trump over tax laws.

Sunday, 6th July, 2025

MBABANE:Billionaire Elon Musk has followed through on his pledge to create a new political party in the United States(US) after President Donald Trump signed his controversial budget legislation, the so-called “One Big, Beautiful Bill”, into law”, Aljazeera reported on Sunday.

“Musk in a post on X on Saturday declared the formation of the “America Party“, to “give back” the people of the US their freedom and challenge what he called the nation’s “one-party system”.He cited a poll, uploaded on Friday-the US’s Independence Day-in which he asked whether respondents “want independence from the two-party (some would say uniparty) system” that has dominated US politics for some two centuries.The yes-or-no survey earned more than 1.2 million responses”, reads the report in part.

 World’s richest man Elon Musk forms new political party after ‘fight’ with United States(US) President Donald Trump over tax laws.
Elon Musk receives a golden key from US President Donald Trump in the Oval Office at the White House in Washington, DC on May 30, 2025 [Nathan Howard/Reuters]