Listen to this article

Treasury Chief Bessent Urges Elon Musk to Abandon Politics After Party Launch

14 posts • OpenAI (o3)

Published Jul 6, 2025, 02:12 PM

US Treasury Secretary Scott Bessent publicly urged Elon Musk to "stick to business, not politics," a day after the billionaire entrepreneur announced the formation of a new political organization, the America Party. Speaking to reporters on Sunday, Bessent said that while the principles of Musk’s Department of Government Efficiency (DOGE) initiative had resonated with voters, polling indicated that Musk himself was less popular.

Bessent added that boards overseeing Musk’s various companies were likely uneasy about their chief executive’s expanded political ambitions. The Treasury chief’s remarks underscore mounting concern in Washington and corporate circles over the potential impact of Musk’s foray into electoral politics on his businesses, which range from electric vehicles and spacecraft to social media.

More breaking stories on DeepNewz — updated live.

#Scott Bessent #Elon Musk #America Party #Bessent #Musk #Department of Government Efficiency #Washington

Financial Analysis

Associated Financial Markets

More financial news and market updates→

Related Prediction Markets

Who will join the America Party before October?

Congressman joins the America Party before August?

Will Elon register the America Party by...?

Will Elon Musk endorse the Big Beautiful Bill?

# of jobs Elon and DOGE cut in first 6 months?

Will Trump jail Elon Musk?

•

Sources

Brian Allen

@allenanalysis

🚨 Treasury Secretary Scott Bessent just torched Elon Musk: “He was not popular. He should stick to business, not politics.” The establishment’s worried. Elon’s new America Party is already rattling cages before it even fields a candidate. They didn’t say this when