Multibillionaire tech CEO Elon Musk says he has launched a new US political party called the America Party.
Musk’s new party might focus on picking up House and Senate seats in the midterm elections next year. He is not the first person trying to break the United States’ two-party system.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom,” he posted on X, the social media platform he owns, on Saturday.
The Tesla and SpaceX CEO floated the idea of forming a new political party after a public and bitter falling-out with President Donald Trump.
He revived the idea this week as US lawmakers approved Trump’s sweeping tax and spending bill.
Musk was among the legislation’s most vocal critics and has pledged to establish a new party to oppose Republicans who supported the bill.
Also Read: Trump hints at deporting Elon Musk amid unending disputes
The former ‘First Buddy’ announced the foundation of the America Party on his X social media platform on Saturday.
It came after Musk created an online poll on July 4 asking his followers whether to establish the new party.
The results came back 65.4 percent in favour, leading Musk to make the announcement.
‘By a factor of 2 to 1, you want a new political party and you shall have it!’ Musk wrote.
‘When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.
‘Today, the America Party is formed to give you back your freedom.’
Musk had been elevated to a prestigious role within the White House acting as a special advisor to the president and overseeing the Department of Government Efficiency.
But in recent months a rift has emerged, and the two former friends have been embroiled in embarrassing public spats played out over social media.
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