Description: Tech billionaire Elon Musk, has announced the creation of a new American political party, called America First. Musk’s announcement comes after reignited disputes with President Donald Trump over the introduction of his tax – cutting and spending bill, which Musk heavily criticized. The President and Musk went on a tit for tat exchange over their social media platforms with Trump even going so far as to call for Musk’s deportation and cessation of federal subsidies for his companies. Musk through his public statements confirmed the analysis of several independent organizations including the non – partisan Congressional Budget Office, which have claimed that Trump’s bill would increase the country’s debt by the trillions of dollars over the next ten years, as he continued to criticize the US President. Voting poll was published by Musk, asking his almost 230 million followers what is their position on the creation of a new political party which would reportedly represent the American middle class. Over 65% of the voters supported the initiative with Musk announcing the new political party on Sunday, expanding the political confrontation with the US President.
Impact: Supporting Trump’s presidential campaign by injecting over $250 million coupled with his controversial leadership of DOGE (Department of Government Efficiency) make Musk’s launch of a new political party, a publicity move. Musk’s idea for the creation of America First is the result of the growing public confrontations with the American President and the self – tarnishing of his public reputation in recent months. Many political entities such as the Green Party, the Libertarian Party and the People’s Party have attempted at breaking the logjam in American politics and dispersing political capital away from the two largest Republican and Democrat parties with little to no result. Musk’s reentry into the US political scene would most probably be with limited to no effect, as his public image has been under severe scrutiny while he has also lost his legitimacy as a businessman, causing losses to his companies in the millions of dollars.