Donald Trump and Alan Musk. (File photo)
After President Donald Trump -led Big Beautiful Bill was passed by the Congress, Allen Musk announced the formation of his US party. Please tell that the Tesla chief had openly opposed this law. During this time, he had earlier talked about starting a 'third party' to contest elections against Democrats and Republican. He also asked his followers on X whether a new party should be formed.
On Saturday, Alan Musk posted: In the ratio of 2 to 1, you want a new political party and you will find it! Today, the US Party is formed to bring you back your freedom. However, the former advisor of US President Trump and the DOGE chief did not give much information about his The American party.
Will you contest the presidential election?
Technically, Alan Musk is disqualified to contest the presidential election due to the US Constitution (Article II, section 1), according to which candidates should be naturally a citizen of America. Please tell that billionaire Musk was born in South Africa and became an American citizen in 2002. In 2024, he himself believed that he cannot become President due to African birth.
Who is doing funding?
According to Forbes, Alan Musk is the world's richest person with a total assets of $ 405.2 billion. Musk is the primary fund of the US Party. His US PAC can be re -used for the American party. Which spent about $ 40.5 million on Trump's campaign in 2024. However, no specific funding figures have been reported for 2025.
Federal boundaries under the McCain-Fingold Act limits personal donations to $ 450,000, for which Musk will need to use co-fonders or super pac.
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