Elon Musk's new "America Party" worries Republicans, as it may draw voters away in 2026 midterms.

Senate Republicans are worried that Elon Musk's new political party, the "America Party," could hurt their chances in the 2026 midterm elections. Musk is campaigning on reducing federal debt and has vowed to support primary challengers against Republicans who backed Trump's "One Big Beautiful Bill Act," which he strongly opposes. His actions could draw fiscal conservative voters away from the GOP, potentially benefiting Democrats.