Elon Musk Creates His Own Political Party

Elon Musk said he formed the "America Party" aiming to "give you back your freedom."

Elon Musk is planning to create his own political party.

The billionaire first mentioned launching the third party, dubbed the “America Party,” earlier this month, during a falling out between Musk and President Trump.

The Tesla CEO raised the idea of a third party again last week as lawmakers raced to send the Big Beautiful, Bill Act to Trump’s desk. He said he would start the party if Congress passed what he described as an “insane spending bill.”

On Saturday, Trump signed the bill into law. The move prompted Musk to post on social media that the “America Party” had formed after polling his followers on X. He said the party is formed to “give you back your freedom.”

Trump accused Musk of going “off the rails” becoming a “train wreck.” He said Musk’s new party would cause “total disruption and chaos.”