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Building America’s Future (BAF), a political action committee (PAC) backed by billionaire Elon Musk, is dishing out over $1 million to promote the passage of the president’s ā€œOne Big Beautiful Bill Actā€ which Musk had prominently denounced, Politico reported Monday.

The group’s ad, titled ā€œIndependence,ā€ will debut Monday on Fox News and will celebrate President Donald Trump signing his signature megabillĀ into law on July 4, according to Politico. Musk has notably donatedhefty sums of money to BAF in the past.

ā€œThis Independence Day, President Trump and Congress made the working family tax cuts law,ā€ the ad will say, according to Politico. ā€œFreeing Americans from taxes on their tips and overtime, doubling the child tax credit, and cutting taxes for seniors. Republicans know that our country is better off when working families keep more of what they earn. Now, they will.ā€

Musk had previously blasted Trump’s massive tax and immigration bill as ā€œoutrageousā€ and a ā€œdisgusting abomination.ā€ In June, MuskĀ also vowed to fund primary challengers against Republican lawmakers who voted in favor of the bill.

Additionally, Musk announced on July 5 that he was formingĀ a new political party, called the ā€œAmerica Party,ā€ following Trump’s signature spending bill being signed into law. Trump told reporters on July 6 he thinks that Musk’s proposition was ā€œridiculous,ā€ adding thatĀ ā€œstarting a third party just adds to the confusion.ā€

ā€œPresident Trump, Leader John Thune, and Speaker Mike Johnson all showed tremendous strength and vision to get historic tax cuts for working families across the finish line this summer, and their remarkable achievement will put America on a path to prosperity for years to come,ā€ Generra Peck, senior advisor to BAF, told Politico. ā€œAt Building America’s Future, we could not be more proud to stand with an administration and GOP Congress that is truly building a brighter future for America.ā€

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