Elon Musk slams Trump’s ‘porky pig party’, threatens to launch new ‘America party’

Elon Musk has ignited a political firestorm, publicly denouncing President Donald Trump’s sweeping tax-and-spending legislation and calling for the creation of a new political party to challenge what he calls a “one-party country.” The Tesla and SpaceX CEO unleashed a barrage of criticism on X (formerly Twitter) after the Senate narrowly advanced Trump’s $5 trillion “One Big Beautiful Bill,” which includes record debt ceiling increases, deep tax cuts, and controversial spending provisions.

Musk, known for his outspoken views, dubbed the current political establishment the “PORKY PIG PARTY,” accusing both Republicans and Democrats of abandoning fiscal responsibility. “It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!” Musk wrote.

He warned that if the bill passed, he would immediately launch the “America Party,” vowing to fund primary challengers against any Republican lawmakers who supported the measure.
Musk’s criticism extended to the conservative House Freedom Caucus, long known for opposing government overspending. “How can you call yourself the Freedom Caucus if you vote for a DEBT SLAVERY bill with the biggest debt ceiling increase in history?” he posted, pledging to personally bankroll campaigns to unseat those he sees as betraying their promises to voters.

The billionaire’s intervention comes as Senate Republicans advanced the 1,000-page bill in a razor-thin 51–49 vote, setting the stage for a tense week of amendments before Trump’s July 4 deadline for signing the legislation into law. The Congressional Budget Office estimates the bill would add nearly $3.3 trillion to the deficit over the next decade, despite White House claims of economic growth and benefits for working Americans.

President Trump, attempting to downplay the rift, told Fox News, “I think Elon is a wonderful guy… but he got a little bit upset, and you know that wasn’t appropriate.” Trump also suggested Musk’s opposition was triggered by proposed cuts to electric vehicle subsidies—a claim Musk flatly denied, insisting his concern is with “the mountain of disgusting pork in wasteful spending”.Musk’s dramatic threats and the volatility they sparked—including a temporary $150 billion drop in Tesla’s market cap—underscore the high stakes and deep divisions within the Republican Party as Trump pushes for a legislative win ahead of Independence Day. With polls showing the bill is unpopular among Republican voters, Musk warned, “This bill is political suicide for the Republican Party… It will destroy millions of jobs in America and cause immense strategic harm to our country!”