Musk officially filed paperwork with the Federal Election Commission Sunday to establish his so-called “America Party” after he pledged to hit back against Republicans for passing President Donald Trump’s “Big Beautiful Bill,” which is projected to add $4.5 trillion to the national debt.

The tech billionaire's "America Party" announcement, following his break with President Trump, has sparked anger among conservative loyalists on social media

On Monday, June 30, Musk vowed that if the Republican-controlled Congress passed Trump's "Big, Beautiful Bill" — which the Tesla CEO has repeatedly slammed — he would form and fund the "America Party" in an effort to oust GOP lawmakers.