Valuetainment - July 12, 2025


The America Party： Is Musk Seeking Vengeance Against Republicans & Trump


Episode Stats

Length

12 minutes

Words per Minute

195.77115

Word Count

2,361

Sentence Count

190

Hate Speech Sentences

2


Summary

Elon Musk announces he s starting a new political party called The America Party. Mark Cuban is interested, Anthony Scaramucci is interested and some are just waiting to become a governor but here s what happens after Musk announces it.


Transcript

00:00:00.000 So, Musk threatens to start a new political party called the America Party.
00:00:04.500 Mark Cuban's interested.
00:00:06.060 Anthony Scaramucci, interested.
00:00:08.300 Others come in and say, interested.
00:00:09.900 Some are saying Vivek may be interested.
00:00:11.540 He's just waiting to become a governor.
00:00:12.860 But here's what happens.
00:00:14.040 He announces it.
00:00:15.400 Everybody online, you know, the CFO of Tesla is going to be the CEO of the new political party.
00:00:21.140 They ask, Elon, is this true?
00:00:22.300 No, we haven't filed with the FEC yet.
00:00:24.060 And how hard is it for him to start a political party?
00:00:26.300 Because the last person that won to become a president of a new political party was a guy named Abraham Lincoln in 1860.
00:00:34.280 And a new political party was a Republican party.
00:00:36.340 And FYI, Scott Besson, they're asking him, hey, what do you think about Musk's political party?
00:00:42.240 He says, I wonder how his board is going to feel about him wanting to get distracted with not running the companies instead getting involved in politics.
00:00:51.120 So guess what happened today, on Monday, after Musk announced that he started a new political party?
00:00:56.840 You know how much market valuation Tesla lost today?
00:01:00.500 $80 billion just today.
00:01:03.660 That's right.
00:01:04.600 Tesla lost $80 billion today.
00:01:07.060 Right after Musk announcing that he started a new political party, the market reacts.
00:01:12.040 We're going to talk about that today.
00:01:13.260 So this is a very interesting angle because a lot of people are saying, I don't know if he can do it.
00:01:28.820 How's he?
00:01:29.100 You think he can run a political?
00:01:30.200 He's not even American.
00:01:31.300 He's South African.
00:01:32.360 You want him to create a political party?
00:01:34.480 I mean, this is ridiculous.
00:01:35.620 Last person that tried to do this was a guy named Ross Perot.
00:01:39.660 In 92, he runs for president, independent outsider, spends $60 to $70 million of his money.
00:01:46.380 Three years later, he gets the highest, I think, 18.5%, 18.7%.
00:01:50.900 Three years later, in 95, besides to start his own political party called the Reform Party, spends another $10 to $15 million, then runs again in 96.
00:02:00.140 I think he only gets 8.4%.
00:02:02.060 And then from there, nobody talks about the Reform Party.
00:02:04.940 I think Jesse Ventura got involved.
00:02:07.140 A few other people got involved.
00:02:08.320 I think Pat Buchanan got involved.
00:02:10.040 And since then, you haven't heard about it.
00:02:11.500 You haven't heard about the Reform Party.
00:02:13.140 Andrew Yang, you know, did that whole thing with UBI, Universal Basic Income.
00:02:16.260 We got to pay everybody $1,000 a month.
00:02:18.140 He created a party called the Forward Party.
00:02:20.420 Not much has happened there yet.
00:02:21.980 But this is Elon Musk.
00:02:23.760 He's worth a few hundred billion dollars.
00:02:25.680 He's got money and he's got hundreds of millions of followers.
00:02:28.860 And he's the type of guy that's capable of doing it.
00:02:31.400 However, how complicated is it?
00:02:33.960 And who's going to get in the way?
00:02:35.180 Now, how do we get here?
00:02:37.120 First, Big Beautiful Bill.
00:02:38.980 Friction.
00:02:39.880 Tweet.
00:02:40.640 Epstein.
00:02:41.380 I apologize.
00:02:42.260 I said a few things I should have said.
00:02:43.960 Belites it.
00:02:44.680 Boom.
00:02:45.200 Big Beautiful Bill.
00:02:46.400 Passes.
00:02:47.060 He's not happy.
00:02:47.860 He calls it a signing of the One Big Beautiful Bill, a sweeping tax cut, a spending bill.
00:02:54.160 Musk called a disgusting abomination and debt slavery.
00:02:58.860 He tweets about it multiple times.
00:03:00.920 Then he runs a poll.
00:03:02.320 Two of them.
00:03:02.840 One on June 5th of 2025.
00:03:04.940 Should we form a new political party representing the 80% of the middle class?
00:03:09.600 What's crazy is, you know what percentage said yes?
00:03:11.800 Exactly 80% voted.
00:03:14.420 Yes, millions voted.
00:03:15.700 Then he did another poll.
00:03:16.800 Then on 4th of July, he runs another poll called, Should We Create the America Party?
00:03:22.280 65% of the 1.25 million people voted yes.
00:03:26.920 So then he says, I'm going to start this party.
00:03:28.300 Now, how far along is he going to get into?
00:03:30.120 Who knows?
00:03:31.280 When you start a new political party, you can kind of give the ideas, the mission strategy,
00:03:34.640 what things you want to do.
00:03:35.680 Here's what he voted.
00:03:36.500 Number one, fiscal responsibility.
00:03:38.500 He wants to reduce that, end wasting graft.
00:03:41.740 Number two is pro-technology.
00:03:43.700 Advocating modernization in the U.S. military, free speech, and regulatory.
00:03:46.800 Three is political independence, framing the two major party as a unit party.
00:03:52.980 And his election strategy, Musk said, party will be laser focused on flipping two to three
00:03:57.500 Senate seats, an eight to 10 House district, in the 2026 midterms to wield influence over
00:04:03.380 tight congressional margins.
00:04:05.000 He has not ruled out presidential endorsements in the future.
00:04:08.260 A lot of experts who don't want to see this happen, they'll go out there and say things
00:04:11.620 like, oh my God, you know, he doesn't know how hard it is to start a political party.
00:04:16.020 Do you know all the states he needs to get signatures?
00:04:17.700 Some states like Virginia are so complex.
00:04:20.200 California, you got to get, he needs so much money.
00:04:22.440 There's no way he'll be able to run his own political party.
00:04:25.640 The question isn't if he can or can't.
00:04:27.720 Trust me.
00:04:28.160 Stop saying he can't.
00:04:29.940 That's going to drive him to want to do it.
00:04:31.880 The question is whether the companies that he's the CEO of, the board, the investors are
00:04:37.300 happy with him doing this.
00:04:38.580 And if they're going to take their money out, hence Tesla lost $80 billion today.
00:04:42.200 Because if you put Perot against Musk, when Perot started his own thing in 92, he was 65
00:04:48.080 years old.
00:04:48.560 At the time he was worth $3 billion.
00:04:50.340 Not as popular as Musk was.
00:04:52.580 Musk today, he's 55 years old, a few hundred billion dollars, hundreds of millions of followers.
00:04:58.640 And he's got influence around the world, not just in America.
00:05:02.480 Influence internationally because of his cars, products, everything that he has, right?
00:05:06.120 So he has the clout to be able to pull it off.
00:05:08.840 I think the question is the following.
00:05:10.360 What would Musk spend today to be able to change one law, to allow somebody like him to run for
00:05:16.700 president in America?
00:05:18.080 What would he spend for that?
00:05:19.180 He spent $277 just to help Trump win Pennsylvania.
00:05:24.060 $277 million he spent last year.
00:05:26.000 You'd think he'd spend $5 billion?
00:05:27.680 How about $10 billion?
00:05:28.660 $20 billion?
00:05:29.460 If Musk could run for president today, all of this will be solved.
00:05:34.000 Because he would spend all the money to become the president of the United States.
00:05:37.220 And he would find a way to get it done, to become the president of the United States.
00:05:40.540 But the other thing to do is to start a political party.
00:05:43.980 What that means, spokesperson, president, he's going to keep hitting a gridlock of the fact
00:05:49.740 that you can't be the president in America with the current situation that we have right now.
00:05:55.340 Now, what happens?
00:05:56.680 President Trump responds with this tweet.
00:05:59.720 It's long, but I'll read it.
00:06:01.120 I'm saddened to watch Musk go completely off the rails, essentially becoming a train wreck
00:06:06.280 over the past five weeks.
00:06:08.800 He even wants to start a third political party, despite the fact that they've never succeeded
00:06:13.340 in the United States.
00:06:14.780 The system seems not designed for them.
00:06:17.420 The one thing third parties are good for is a creation of complete and total disruption
00:06:21.840 and chaos, and we have enough of that with the radical left Democrats who have lost their
00:06:26.420 confidence in their minds.
00:06:27.680 Republicans, on the other hand, are a smooth-running machine that just passed the biggest bill of
00:06:32.660 its kind in the history of the country.
00:06:34.960 It is a great bill, but unfortunately for Elon, it eliminates the ridiculous electric vehicle
00:06:39.760 mandate, which would have forced everyone to buy an electric car in a short period of
00:06:45.200 time.
00:06:45.740 I have strongly been opposed to that from the very beginning.
00:06:48.240 People are now allowed to buy whatever they want, gasoline-powered hybrids, which are doing
00:06:52.640 very well, or new technologies as they come about.
00:06:56.480 No more EV mandate.
00:06:57.640 I have campaigned on this for two years, and quite honestly, when Elon gave me his total
00:07:02.920 and unquestioned endorsement, I asked him whether or not he knew that I was going to terminate
00:07:08.220 the EV mandate.
00:07:08.980 It was in every speech I made, and in every conversation I had, he said he had no problem
00:07:14.640 with that.
00:07:15.040 I was very surprised.
00:07:15.940 Additionally, Elon asked that one of his close friends at NASA, and while I thought his friend
00:07:21.280 was very good, I was surprised to learn that he was a blue-blooded Democrat who had never
00:07:26.420 contributed to a Republican Party.
00:07:28.360 Elon probably was also, I also thought it was inappropriate that a very close friend of
00:07:32.380 Elon, who was in space business, run NASA, when NASA is a such big part of Elon's corporate
00:07:38.720 life.
00:07:39.400 My number one charge is to protect the American public.
00:07:44.080 Elon reads the tweet, responds in a trolling fashion, I ain't reading all of that, I'm
00:07:48.540 happy for you though, or sorry that happened.
00:07:51.100 So this is what it makes me think about.
00:07:52.700 They're going back and forth.
00:07:54.660 Can Musk start a new political party?
00:07:56.680 Sure.
00:07:57.040 Even if he does, he has to get behind another candidate.
00:08:01.500 That in the back of his mind, that person better be 100% loyal to Elon, to do 100% of
00:08:08.340 what they want Elon to do, to be the puppet master, which is not going to happen.
00:08:12.560 So he's going to keep getting frustrated because you can't be the president in the current law
00:08:18.960 that we have in America, unless if you're able to change the law to allow somebody like
00:08:23.480 you to be the president so you can impose the laws that you have.
00:08:27.620 Even Peter Thiel wasn't born here.
00:08:29.200 I think Peter Thiel was born in Germany, but I don't think he was born here.
00:08:32.720 So who are you going to get behind?
00:08:34.280 Vivek?
00:08:35.520 Vivek is still a man that's going to do whatever he wants to do.
00:08:37.860 He's just, he made his own money.
00:08:39.680 So he's going to have his own ideology.
00:08:41.540 Musk's going to keep hitting this wall.
00:08:44.240 Even if Thomas Massey wants to get behind, I'm going to help Thomas Massey.
00:08:47.560 I'm going to help all these other guys out.
00:08:49.280 Thomas Massey stood up to the president.
00:08:51.020 You don't think he's going to stand up to Musk?
00:08:52.800 You think there's going to be somebody that agrees with 100% policies that Musk, this is
00:08:57.080 going to be a challenge.
00:08:59.140 Unless if the man can run for president.
00:09:01.080 Again, like I told you earlier, other people have tried this.
00:09:03.960 James Weaver in 1892, populist party.
00:09:07.820 He tried to win.
00:09:08.760 He got close, not close enough.
00:09:11.060 Theodore Roosevelt tried to win as a progressive bull moose party 1912.
00:09:15.520 Got 27% of votes.
00:09:17.560 Okay.
00:09:18.240 We got a ton of these.
00:09:19.800 George Wallace, John Anderson, Ross Perot, Ralph Nader, Jerry Johnson, Jill Stein.
00:09:24.940 All these names you can talk about.
00:09:26.760 Now, the reality of it is somebody can sit there and say, well, Pat, Elon is not everybody
00:09:31.380 else.
00:09:31.880 He's not.
00:09:32.880 But he's got one big hurdle in his way.
00:09:35.280 He can start the biggest political party.
00:09:37.800 Give $200 billion if he wants to it.
00:09:40.920 He has to be able to control the person 100%.
00:09:44.440 So, you know who he can help run for office that's maybe born here?
00:09:51.740 Maybe a robot?
00:09:53.040 Maybe AI?
00:09:54.220 Remember when he was interviewed a few years ago, he said, so what do you think about the
00:09:56.760 2024 election?
00:09:58.140 And he responded by saying, what do you think about the 2032 election of who can run?
00:10:03.580 Maybe an AI?
00:10:04.880 Maybe a robot?
00:10:05.720 Maybe somebody else?
00:10:06.640 Who knows?
00:10:07.160 The reality of it is there's only one way this is going to work, is if Elon can run.
00:10:12.440 Because if Elon cannot run, whoever else he chooses, the same exact thing will happen.
00:10:18.000 Because no one's going to just sit there and say 100% of what you're going to tell him to
00:10:20.960 do.
00:10:21.540 My opinion on what I think is going to happen with this.
00:10:24.380 So, it's going to be entertaining.
00:10:26.620 I think it's going to be challenging.
00:10:28.160 What Elon has is age.
00:10:29.460 He's 55 years old.
00:10:30.880 Don't forget what he tweeted a few months back.
00:10:33.140 And he said, the man is 78 years old.
00:10:35.940 I'm only 54 years old at the time.
00:10:38.380 The man is now 79 years old.
00:10:39.880 And Musk is 55 years old.
00:10:41.060 And Musk has got a lot of living to do.
00:10:42.800 So, even if Trump tries to get in the way, do everything that he wants, because he's got
00:10:46.720 all these contracts with NASA, everything Musk made, just say, I'll ride it out for four
00:10:51.120 years.
00:10:51.640 But I know what's going to happen long term.
00:10:53.680 He's got a lot of players that are still with him.
00:10:56.360 But his popularity definitely isn't what it was six months ago.
00:11:01.840 12 months ago, he doesn't have the type of popularity he had before.
00:11:05.960 But this isn't a guy that doesn't know how to make a comeback.
00:11:08.760 Still very formidable and a true believer.
00:11:12.360 Now, it all depends.
00:11:13.220 If his shareholders, the board, allows him to continue, I don't think how much longer
00:11:18.860 they can allow him to lose $80 billion in a day.
00:11:22.100 I don't think Musk cares.
00:11:23.740 But I think he does care enough because his friends and family, the influencers will call
00:11:27.480 him and say, hey, you kind of got to buckle down and get back focused on the business
00:11:31.460 and just kind of set aside the political stuff for now.
00:11:34.240 Let's focus on that in 2027, 2028.
00:11:37.420 Stay focused the next two years.
00:11:38.900 But if he doesn't, he comes up with some of these ideas.
00:11:41.200 One time they talked about what if there's a way that we don't have to pay income taxes
00:11:44.320 anymore.
00:11:44.660 If you like this video, there's another video we did.
00:11:46.940 If you've never seen that, click here to watch it.
00:11:48.500 That explains how we can maybe get there.
00:11:51.000 But the future definitely is filled with a lot of surprises and many more to come.
00:11:55.960 My call 2025, the year of surprises, first half has already been a year of many, many
00:12:01.340 surprises.
00:12:01.960 Let's see what happens in a second.
00:12:03.020 Take care, everybody.
00:12:03.540 Take care, everybody.