Musk's 'America Party'

Neither Democrat nor Republican: Elon Musk launches “America Party,” a party no one was expecting

Billionaire Elon Musk has vowed to establish the America Party, a new political movement to challenge the status quo in Washington...

Billionaire Elon Musk has vowed to establish the America Party, a new political movement to challenge the status quo in Washington...
Gonzalo Fuentes
Maite Knorr-Evans
Maite joined the AS USA in 2021, bringing her experience as a research analyst investigating illegal logging to the team. Maite’s interest in politics propelled her to pursue a degree in international relations and a master's in political philosophy. At AS USA, Maite combines her knowledge of political economy and personal finance to empower readers by providing answers to their most pressing questions.
Update:

Billionaire Elon Musk appears to be following through on his promise to launch a political party aimed at challenging the status quo in Washington. Like many before him, he faces an uphill battle—one that even his vast fortune may not be able to overcome. Musk calls his new political moment, the America Party, not to be confused with the American Party, a nativist, neoconservative political party founded by followers of segregationist and Democratic leader George Wallace in the late 1960s.

Musk believes that launching a new political party would primarily hurt the Democratic Party. However, in a three-way race between a Democrat, a Republican, and an America Party candidate, the opposite could happen. The association with Musk might siphon votes away from the Republican candidate, especially among independents and disaffected conservatives who disapprove of Musk’s work within the Trump administration. This vote-splitting could allow the Democrat to win with a plurality, even without majority support. In this scenario, rather than weakening the Democrats, Musk’s party could inadvertently strengthen their electoral chances.

What is the ideology of the America Party?

Exactly what the party stands for remains one of the key unanswered questions about this burgeoning new movement. Based on Musk’s opposition to the massive spending bill recently passed by Republicans on Capitol Hill—which is expected to significantly increase the U.S. deficit—the America Party will likely advocate for reducing government spending in areas Musk does not consider a priority.

Musk has voiced support for cutting ‘entitlements’

During his time in government, Musk made it clear that he supported cutting so-called “entitlements” like Social Security, SNAP, and Medicaid. In an interview with Fox Business, he controversially claimed—without evidence or clarification—that Social Security was a “Ponzi scheme.” However, this characterization is misleading.

Unlike a Ponzi scheme, which relies on constant new investment to pay returns and inevitably collapses, Social Security is a legally mandated, transparent program with a dedicated funding source. Workers and employers contribute to the system through payroll taxes, which are collected on a monthly basis. This structure provides Social Security with a more stable and predictable revenue stream than many other federal programs, which rely on annual appropriations from Congress. While the program does face long-term challenges due to demographic shifts, its funding mechanism is far more robust than those of programs subject to the political whims of the budget process.

However, campaigning on cuts to these programs is unlikely to gain political traction. Even Republicans have pushed back against claims that their legislative efforts would reduce Medicaid funding, fearing such narratives could damage their electoral prospects in 2026.

Radical centrism?

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Other comments Musk has made suggest the party may adopt a kind of radical centrist position, based on the idea that most voters fall somewhere in the middle of the political spectrum. However, the popularity of progressive policies—such as raising the minimum wage, universal college, and Medicare for All—as well as the election of Donald Trump, indicate that the electorate is far more ideologically mixed. In reality, most voters do not adhere to a single, cohesive political framework.

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