Tech billionaire Elon Musk has stepped up his criticism of United States President Donald Trump’s tax cuts and spending bill and renewed his call for a new political party, Aljazeera reported.

Musk’s criticism of Trump’s 940-page “Big, Beautiful Bill“, which proposes tax breaks and sweeping cuts to healthcare and food programmes, has been met with strong criticism from the Democratic Party as well as some members of Trump’s Republican Party.

In early June, Musk, a major campaign donor to Trump and a former key aide, called the bill a “disgusting abomination”, leading to a public falling out with the Republican president, according to Aljazeera.

The two then appeared to cool tensions, with Trump telling reporters that he wished Musk well, while the latter wrote on X that he regretted having gone “too far”.