The billionaire says his America Party will focus on Congress ahead of 2026, but may back a presidential candidate

Elon Musk has signaled that his new political initiative will focus on disrupting the two-party system in Congress, declaring that the "America Party" aims to challenge the dominance of both Republicans and Democrats ahead of the 2026 midterm elections.

The remarks follow the tech billionaire's announcement over the weekend that he is moving forward with plans to launch a new political party. Musk has positioned the America Party as an alternative to what he called the "Republican/Democrat Uniparty," accusing both major factions of mismanaging the country's finances and stifling voter choice.

"Backing a candidate for president is not out of the question, but the focus for the next 12 months is on the House and the Senate," Musk wrote on X on Sunday, outlining his short-term priority to target the US midterm elections in November 2026, when 33 of the 100 Senate seats and all 435 House seats will be up for grabs.

"The way we're going to crack the uniparty system is by using a variant of how Epaminondas shattered the myth of Spartan invincibility at Leuctra: extremely concentrated force at a precise location on the battlefield," Musk previously stated in another post.

Musk also doubled down on his criticism of President Donald Trump's fiscal policy, questioning the value of the Department of Government Efficiency (DOGE), a temporary agency Trump appointed him to lead.

"What the heck was the point of @DOGE if he's just going to increase the debt by $5 trillion??" Musk wrote.

In a post on Truth Social earlier on Sunday, Trump criticized Musk for what he described as erratic behavior in recent weeks, calling the entrepreneur a "train wreck" and accusing him of promoting "disruption and chaos" that undermines the stability of the American political system.

"I am saddened to watch Elon Musk go completely 'off the rails,' essentially becoming a TRAIN WRECK over the past five weeks," Trump wrote. "He even wants to start a Third Political Party, despite the fact that they have never succeeded in the United States - the system seems not designed for them."

READ MORE: Musk announces creation of new party

Musk, who supported Trump during his return to the White House last year, stepped down from his role in DOGE last month after clashing with the administration over a sweeping tax and spending package known as the "Big Beautiful Bill." The legislation, signed into law on July 4, includes trillions of dollars in new expenditures, cuts to social programs, and a sharp increase to the federal debt ceiling.

(RT.com)