AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Former U.S. President Donald Trump has publicly criticized Elon Musk, the billionaire CEO of
, calling him a "train wreck" on his social media platform, Truth Social. This criticism comes after Musk announced the formation of a new political party, the "America Party," on July 5, 2025. Trump's comments highlight the growing political rift between the two figures, who have been at odds in recent months.Trump's criticism was in response to Musk's announcement on X, where Musk stated that the formation of the America Party was a response to the current political climate, which he described as a "one-party system" characterized by waste and graft. Musk's post also indicated that the new party aims to give Americans back their freedom. Trump, however, was dismissive of the idea, stating that third parties have never succeeded in the United States and that they only create disruption and chaos.
Trump also took a swipe at his Democratic political opponents, accusing them of losing their confidence and their minds. He further criticized Musk for his recent crypto ventures, which have been met with opposition from Democrats. Trump's comments come amid a growing divide between Musk and the sitting U.S. president, just months after Musk stepped away from his White House role.
Musk has openly criticized Trump's "Big Beautiful Bill," a budget legislation that he argues would negatively impact America’s economy. Musk described the bill as a "disgusting abomination" filled with pork. Trump, in response, indicated that Musk was unhappy with the bill's lack of an electric vehicle mandate, a stance that Trump had clearly communicated in his speeches and conversations. It remains to be seen what stance the America Party will take toward digital assets once fully fleshed out.
Trump's criticism of Musk highlights the emerging fractures within the political right as Musk reenters the national arena with plans for a new party platform. The formation of the America Party and the subsequent criticism from Trump underscore the deepening political rift between the two influential figures. The political landscape in the United States is becoming increasingly polarized, with figures like Trump and Musk taking opposing stances on key issues. The formation of the America Party could further disrupt the political status quo, potentially leading to more chaos and disruption in the political arena.
Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet