Elon Musk, the largest individual donor to Trump’s 2024 presidential campaign, was a close adviser to Trump until now. He has indicated that he wants a party that is fiscally conservative and reins in spending, but has not offered other details about the party.

US tech billionaire, Tesla and SpaceX boss Elon Musk has formed a new political party to give Americans their freedom back to normal after a dramatic conflict with Present Donald Trump. Taking to social media X, he announced his plans and said that he had set up the ‘America Party’ to challenge the two-party system in the country.

The Tesla and SpaceX CEO said, “Today, the ‘America Party’ is formed to give you back your freedom, when it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,”.

It should be noted that Elon Musk first raised the prospect of forming a party during his public feud with Trump, which saw him leave his role in the administration’s Department of Government Efficiency (DOGE) and engage in a vicious public spat with trump. During that row, Musk posted a poll on X asking users if there should be a new political party in the US.

Musk, the largest individual donor to Trump’s 2024 presidential campaign, was a close adviser to Trump until recently. The world’s richest man has indicated he wants a party that is fiscally conservative and reins in spending, but has not offered other details about what the party’s platform would be.

Why did Elon Musk start new party?

Musk said on X, “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. “He also said, “Today, the America Party is formed to give you back your freedom.”

Notably, the two-party system in the United States has long been criticised by both registered Democrats and registered Republicans, but efforts in the last century to form a third party have shown little success.

Musk said in other posts to social media this week that his party would become an active political force during next year’s midterm elections and that it would initially focus on supporting candidates in just a handful of House and Senate races.

Musk gets a 65 per cent ‘Yes’

On July 4, Musk had created a poll on X and asked if the America Party should be created. “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?” he said. Around 65 per cent of the people voted yes to the creation of the political front. “By a factor of 2 to 1, you want a new political party and you shall have it! When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom,” he posted after the poll.

Can Elon Musk run for President in 2028 US election?

No, Elon Musk can’t run for president in 2028 US election as he is not eligible considering US Constitution (Article II, Section 1) which mandates candidates to be native-born citizens. Musk is constitutionally barred from becoming US president. The former Trump advisor and the Department of Government Efficiency (DOGE) chief was born in South Africa, and in 2002, he received his US citizenship. “I cannot be president because of my African birth,” he once had confirmed in 2024.

In this regard, the US Constitution is very clear. According to Article II, Section 1, “No person except a natural-born citizen will be eligible to the Office of President.”

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This requirement means only the person who is a US citizen from birth either born on American soil or born abroad to US citizen parents, is considered eligible to run or be a US president. But in case of Musk, he was born in Pretoria, South Africa, in 1971and he became a US citizen later one so he is classified as a naturalized citizen, not a natural-born one.

What can Elon Musk achieve by America Party?

If not for President’s post, he can dominate the political discourse and tap into the resentment against two-party system in the US. Given the wafer-thin margins in the US polls, he can control the deciding vote bank in the election. With the formation of a new party in the US, Musk can leverage his social media heft to dictate the narrative.