The post Donald Trump Slams Elon Musk’s ‘America Party’ as a GOP-Killing Train Wreck appeared first on Coinpedia Fintech News In a dramatic twist to the already turbulent U.S. political landscape, Elon Musk has unveiled plans to form a third political force—“The America Party.” But not everyone’s impressed. U.S. President Donald Trump wasted no time slamming the move, calling Musk’s latest political venture a “train wreck” and warning it could splinter the Republican vote in the upcoming 2026 midterm elections. Trump Slams Musk for Going ‘Off the Rails’ Trump didn’t hold back in his criticism, posting on Truth Social that Musk had gone “off the rails,” calling his political aspirations a “train wreck.” He warned that third-party efforts historically don’t succeed in the U.S. due to the rigid two-party system. “The system seems not designed for them,” Trump noted. The president’s skepticism is backed by past failures. Ross Perot, another billionaire outsider, gained nearly 19% of the popular vote in 1992 but failed to win a single electoral college vote. His Reform Party did see one win, Jesse Ventura’s 1998 gubernatorial victory in Minnesota, but even that fizzled out as Ventura left the party shortly after. These examples reinforce Trump’s belief that Musk’s political path may be short-lived. Musk Launches ‘America Party’ to Fight the GOP and Dems Just hours before Trump’s comments, Musk confirmed via X that he had officially launched the America Party. The announcement came in response to Congress passing Trump’s controversial tax-and-spending bill. Musk had warned he’d retaliate by launching a party if the bill went through, and he made good on the threat. Filings linked to the America Party began appearing with the Federal Election Commission. Musk later clarified that at least one of these was fake, and doubts remain about the authenticity of others. The Bill That Fueled the Feud The clash between Trump and Musk largely centers around the “One Big Beautiful Bill Act,” which Musk called a “disgusting abomination.” The bill, estimated to add $3.3 trillion to the national debt, undermines the mission of DOGE, the Department of Government Efficiency, where Musk served briefly. Before the bill passed, Musk vowed to oust any GOP lawmaker who supported it, a threat he now seems prepared to act on. [post_titles_links postid=”479146″] Rising Fears of a GOP Split I predict Tucker Carlson, MTG and Thomas Massie will join the new “America Party” to spite President Trump. — Laura Loomer (@LauraLoomer) July 5, 2025 Trump loyalists are growing increasingly worried that Musk’s America Party could split the Republican vote, threatening their slim majority in Congress. Influencer Laura Loomer even suggested that Representatives Marjorie Taylor Greene and Thomas Massie may consider defecting. Such moves could divide conservative voters and hand electoral wins to Democrats in tightly contested districts. Musk’s Tactical Play: Flipping Key Seats Rather than launching a presidential campaign, Musk appears to be playing the long game. He stated that his party will “laser-focus” on 2–3 Senate seats and 8–10 House districts. In today’s polarized political environment, even a handful of wins could give Musk’s party the leverage to block legislation and reshape Congressional dynamics. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″]
