Elon Musk looks on during a news conference with President Donald Trump in the Oval Office on May 30, 2025. | Allison Robbert/AFP via Getty Images Earlier this month, Elon Musk said he wanted to form a new political party. He’d been teasing the idea ever since clashing with President Donald Trump over his “big, beautiful bill,” which Musk accused of exploding the deficit. In June, Musk ran a poll on X asking users whether it was “time to create a new political party in America that actually represents the 80% in the middle?” More than 5 million people responded, and 80 percent voted ye...

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