Elon Musk, the tech mogul, has announced the formation of a new political party in the United States, the ‘America Party’,

Musk made the declaration on Saturday, a day after asking his followers on X whether a new political party should be created.

This is coming after the tech billionaire fell out with his estranged political ally, President Donald Trump.

DAILY POST recalls that Musk has been a critic of President Trump’s administration, shortly after his exit from the government.

The Tesla CEO, who was the head of the Department Of Government Efficiency, recently criticized Trump’s “Big, Beautiful Bill”, warning against its passage.

Musk in a post on X threatened that if the bill, which he referred to as ‘insane spending bill’ is passed, the America Party will be formed the next day.