Senate Republicans worry that tech billionaire Elon Musk’s threat to create a new party and an ongoing feud with President Donald Trump could cost them seats in the narrowly divided chamber in the 2026 midterm elections.

Musk, through his America Party, will campaign on reducing the federal debt, which could draw fiscal conservative Republican voters, The Hill reported Thursday.

He has also vowed to support primary challenges against Republicans who voted for the Trump-backed One Big Beautiful Bill Act, which he referred to as a “disgusting abomination” that would destroy American jobs.

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