The billionaire and former Trump adviser suggested that if the domestic policy bill passed, he would swiftly form a new “America Party” and back primary challenges to Republicans.

Tech billionaire Elon Musk posted to his X account about the “One Big Beautiful Bill,” saying “if this insane spending bill passes, the America Party will be formed the next day.”

Weeks after Elon Musk said he would step back from politics, he's back in the fray publicly bashing the Republican megabill and calling for the formation of a new party if the bill passes.