The post Trump Claims Musk ‘Off The Rails’ For Making Political Party appeared on BitcoinEthereumNews.com.

US President Donald Trump has lashed out at his former cost-cutting czar, Elon Musk, after the world’s wealthiest man said he is launching a political party to challenge the US two-party system.  “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,” Trump posted on his Truth Social platform on Sunday, hours after Musk declared he had formed the “America Party.” “He even wants to start a Third Political Party, despite the fact that they have never succeeded in the United States — The System seems not designed for them,” he added. Musk’s new party threatens to fracture the Republican vote as he has threatened to target key seats leading up to the midterm elections next year, which would include aiming to unseat some Republicans. However, while third parties — those other than the Democratic and Republican parties — have seen some success at electing state and local officials, a third party hasn’t won a presidential election since the Republican Party became a major party in 1856. Musk posted to his X platform on Sunday that he was forming the “America Party.” He had promised to create it if Congress passed Trump’s massive tax and spending bill, which it did on Thursday. Source: Elon Musk  Multiple political parties referencing the America Party, DOGE, or X were filed with the Federal Election Commission after Musk’s post, which listed him as affiliated with the entity. Musk confirmed that at least one of the filings was fake, while some on social media have questioned the legitimacy of others. Trump and Musk feud over “big beautiful bill” Musk has taken issue with the spending allowance in the Republican-backed One Big Beautiful Bill Act, calling it a “disgusting abomination,” as it’s estimated to…

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Filed under: News - @ July 7, 2025 5:12 am