Elon Musk has called for forming a new political party, criticizing America’s two-party system as failing to represent the people. Calling the current structure a “one-party state” and dubbing it the “Porky Pig Party,” Musk condemned President Trump’s proposed $5 trillion debt ceiling increase as “crazy.” His comments triggered a sharp, temporary $150 billion drop in Tesla’s market value. Musk declared that if the spending bill passes, he will create the “America Party” to serve true public interests, warning that current bipartisan decisions are pushing the US towards an economic crisis.



