The timing was no coincidence. On July 3, Congress passed President Donald Trump’s signature legislation, the so-called “One Big Beautiful Bill,” a sweeping package that includes massive spending cuts, the end of clean energy subsidies, and controversial changes to social safety net programs. Trump is expected to sign the bill on July 4.

Billionaire tech mogul Elon Musk spent July 4 publicly plotting a strategy for his proposed “America Party” to gain control of the balance of power in Washington following next year’s midterm elections.

Musk has previously made his opinions about Trump's "big, beautiful bill" clear. In late May, just a few days before he officially left his post in the federal government, he told "CBS News Sunday Morning" he was "disappointed" with the bill's price tag.