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Elon forms new party within 1 day of the spending bill passing?

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Elon forms new party within 1 day of the spending bill passing?

<1% chance
Polymarket

$371,747 Vol.

<1% chance
Polymarket

$371,747 Vol.

On June 30, Elon Musk tweeted "If this insane spending bill passes, the America Party will be formed the next day" (see: https://x.com/elonmusk/status/1939806847504105683).

This market will resolve to "Yes" if Elon Musk publicly announces the formation of a new political party within 24 hours of the next reconciliation bill being passed by both chambers of the U.S. Congress by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The announcement must be explicit and clearly state that the new political party is being launched or formed. Statements merely expressing support for the idea of a new party, or alignment with specific political ideologies or other statements which do not constitute the official launch of a new political party will not qualify.

The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority.

The bill does not need to be signed into law by the President.

In order to qualify, the same reconciliation bill must be passed by both the U.S. House of Representatives and the U.S. Senate. Passage of different reconciliation bills by each chamber will not suffice.

The resolution will be based on a consensus of credible reporting.
Volume
$371,747
End Date
Jul 31, 2025
Market Opened
Jun 30, 2025, 10:59 PM ET
On June 30, Elon Musk tweeted "If this insane spending bill passes, the America Party will be formed the next day" (see: https://x.com/elonmusk/status/1939806847504105683). This market will resolve to "Yes" if Elon Musk publicly announces the formation of a new political party within 24 hours of the next reconciliation bill being passed by both chambers of the U.S. Congress by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The announcement must be explicit and clearly state that the new political party is being launched or formed. Statements merely expressing support for the idea of a new party, or alignment with specific political ideologies or other statements which do not constitute the official launch of a new political party will not qualify. The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority. The bill does not need to be signed into law by the President. In order to qualify, the same reconciliation bill must be passed by both the U.S. House of Representatives and the U.S. Senate. Passage of different reconciliation bills by each chamber will not suffice. The resolution will be based on a consensus of credible reporting.

Outcome proposed: No

No dispute

Final outcome: No

On June 30, Elon Musk tweeted "If this insane spending bill passes, the America Party will be formed the next day" (see: https://x.com/elonmusk/status/1939806847504105683).

This market will resolve to "Yes" if Elon Musk publicly announces the formation of a new political party within 24 hours of the next reconciliation bill being passed by both chambers of the U.S. Congress by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The announcement must be explicit and clearly state that the new political party is being launched or formed. Statements merely expressing support for the idea of a new party, or alignment with specific political ideologies or other statements which do not constitute the official launch of a new political party will not qualify.

The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority.

The bill does not need to be signed into law by the President.

In order to qualify, the same reconciliation bill must be passed by both the U.S. House of Representatives and the U.S. Senate. Passage of different reconciliation bills by each chamber will not suffice.

The resolution will be based on a consensus of credible reporting.
Volume
$371,747
End Date
Jul 31, 2025
Market Opened
Jun 30, 2025, 10:59 PM ET
On June 30, Elon Musk tweeted "If this insane spending bill passes, the America Party will be formed the next day" (see: https://x.com/elonmusk/status/1939806847504105683). This market will resolve to "Yes" if Elon Musk publicly announces the formation of a new political party within 24 hours of the next reconciliation bill being passed by both chambers of the U.S. Congress by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The announcement must be explicit and clearly state that the new political party is being launched or formed. Statements merely expressing support for the idea of a new party, or alignment with specific political ideologies or other statements which do not constitute the official launch of a new political party will not qualify. The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority. The bill does not need to be signed into law by the President. In order to qualify, the same reconciliation bill must be passed by both the U.S. House of Representatives and the U.S. Senate. Passage of different reconciliation bills by each chamber will not suffice. The resolution will be based on a consensus of credible reporting.

Outcome proposed: No

No dispute

Final outcome: No

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Frequently Asked Questions

"Elon forms new party within 1 day of the spending bill passing?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 0% for "Yes." For example, if "Yes" is priced at 0¢, the market collectively assigns a 0% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Elon forms new party within 1 day of the spending bill passing?" has generated $371.7K in total trading volume since the market launched on Jul 1, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Elon forms new party within 1 day of the spending bill passing?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Elon forms new party within 1 day of the spending bill passing?" is 0% for "Yes." This means the Polymarket crowd currently believes there is a 0% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Elon forms new party within 1 day of the spending bill passing?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.