Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, announcing on social media that he would form the America Party in response to the president’s sweeping tax cuts law.

President Donald Trump and Elon Musk are trading public insults after the Tesla billionaire suggested he'll create a new political party, "America Party."

President Trump said Elon Musk's new third party is "good for me" but maybe not for other Republicans during a press conference.

Senate Republicans fear Elon Musk’s beef with President Trump could become a wild-card factor that could cost them seats in 2026 if Musk follows through on his threat to create a new political

The two men spoke about Mr. Musk’s push to create the America Party before the midterm elections. Mr. Yarvin has expressed support for a monarchy, along with provocative ideas about race.

Elon Musk says he has formed a new political party called the America Party. But it remains unclear what formal steps, if any, he has taken to establish it.