Elon Musk Forms 'America Party' Amid Feud with Donald Trump

The relationship between Donald Trump and his main campaign financier Elon Musk has taken another turn, with the billionaire announcing the formation of a new political party. A day after asking his followers whether a new party should be created, Musk announced the move on Saturday, forming the America Party to give back freedom to the people. He had fiercely opposed Trump's tax cut and spending bill, which he believed would bankrupt America. Musk, who became the world's richest man thanks to Tesla and SpaceX, spent hundreds of millions on Trump's election and led efforts to slash government spending. The feud between the two escalated over disagreements about the bill, with Musk vowing to start a new party and unseat bill supporters. Trump threatened to cut subsidies to Musk's companies, causing concern among Republicans about the impact on the 2026 midterm elections. Musk criticized the bill for increasing the deficit and referenced historical strategies to challenge the political system. Despite the feud, breaking the Republican-Democratic dominance in American politics remains a challenge. Musk's announcement has not received a response from Trump or the White House.