After declaring he was stepping away from the political spotlight, Elon Musk got right back in it. As the Senate debated President Donald Trump’s “Big, Beautiful Bill” on Monday before a final vote, Musk issued a stark warning via his social media platform X.

Tech billionaire Elon Musk has threatened to form a new political party if Congress passes a major spending bill backed by U.S. President Donald Trump. The bill, which is being debated in the Senate,

Elon Musk ripped into the Senate's massive domestic policy package on Saturday, calling it "utterly insane" and destructive," pointing to provisions in the bill that would raise taxes on many solar, battery, geothermal, wind and nuclear energy projects.