America Party launched: Is Musk running for president in 2028? Who's funding? Any other leaders?

Elon Musk on Saturday announced the formation of his America Party, days after President Donald Trump-led Big Beautiful Bill passed the Congress

Published on: Jul 6, 2025, 02:25:10 IST

By Yash Nitish Bajaj

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Elon Musk on Saturday announced the formation of his America Party, days after President Donald Trump-led Big Beautiful Bill passed Congress. The Tesla chief, who openly opposed the legislation, had previously spoken about introducing a ‘third party’ to contest against the Democrats and Republicans. He even asked his followers on X whether a new party should be created.

Elon Musk on Sunday launched his party, called America Party (REUTERS)

On Saturday, Musk posted: "By a factor of 2 to 1, you want a new political party and you shall have it!"

“Today, the America Party is formed to give you back your freedom,” he added on X, platform formerly known as Twitter.

While the former Trump adviser and DOGE chief has not revealed specific details about his The American Party, we tried to address popular queries on whether Elon Musk is running for president in 2028, who is funding the party, and other leaders involved.

Is Elon Musk running for president in 2028?

Technically, Musk is ineligible to run for president due to the US Constitution (Article II, Section 1), which requires candidates to be natural-born citizens. The billionaire was born in South Africa and became a US Citizen in 2002.

He has acknowledged this, stating in 2024, “I cannot be president because of my African birth."

Who is funding America Party?

As the world’s wealthiest individual with a $405.2 billion net worth as per Forbes, Musk is likely the primary funder. His America PAC, which spent roughly $40.5 million in 2024 on Trump’s campaign, could be repurposed for the American Party, though no specific 2025 funding figures are confirmed.

Federal limits under the McCain-Feingold Act cap individual donations to political parties at $450,000, requiring Musk to recruit co-donors or use a super PAC for unlimited independent expenditures.

Other leaders?

No official leaders beyond Musk have been confirmed. However, several social media users speculated that Rep Thomas Massie, who recently defied party lines for the Big Beautiful Bill vote, could join the SpaceX chief's new venture. @WeKnow_1234 suggested Ron DeSantis as a leader, but no evidence supports his involvement. Andrew Yang, co-founder of the Forward Party, has expressed interest in partnering with Musk, citing shared frustration with the two-party system.

ABOUT THE AUTHOR
Yash Nitish Bajaj
Yash Bajaj is a Chief Content Producer with a strong foundation in US coverage, digital strategy, and audience-focused storytelling. As part of the US Desk at Hindustan Times, he covers a wide range of topics - from American politics to sports (NFL, NBA, derbies, MLB and more). Before joining Hindustan Times, Yash served as Deputy News Editor at Times Now, where he oversaw international coverage and led a team of six. In this role, he significantly expanded global traffic through strategic planning, SEO-driven content execution, and meticulous trend tracking across platforms. He is experienced in managing high-pressure breaking-news shifts, coordinating live coverage, and building newsroom systems that improve speed, accuracy, and reach. Prior to Times Now, Yash held a position at Opoyi, where he headed the Sports and US news team. He developed broad editorial strategies, guided reporters across multiple beats, and played a key role in recruiting and training new talent. His responsibilities also extended to social media management and experimenting with innovative content formats. A passionate NFL fan, Yash is a die-hard supporter of the Cincinnati Bengals and has followed Joe Burrow closely since his college days at LSU. Whether breaking down top players' latest performance, analyzing team performances, or tracking roster moves, he brings the same dedication and sharp storytelling to his sports coverage as he does to American politics and breaking news. When he’s not writing, Yash can often be found watching games or debating the latest NFL storylines with fellow fans. Yash holds a Bachelor of Mass Media (Journalism) from HR College, Mumbai University. His interests extend well beyond the newsroom: he is an enthusiastic explorer of AI tools, a movie buff with an ever-growing watchlist, and someone who enjoys unraveling conspiracy theories for fun.Read More

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