Musk announces forming of 'America Party' in further break from Trump

Tesla and SpaceX founder Elon Musk has announced the formation of the "America Party" marking a further break from former ally U.S. President Donald Trump.

Musk made the announcement on social media on Saturday, after posting a poll that showed two-to-one support from 1.2 million respondents.

He pledged to oppose Trump-supported legislation and shake up U.S. politics ahead of 2026.

Musk branded the current political system a "one-party" structure and not a democracy, and vowed to give people back their freedom, as well as showing his outrage over what Trump called his "Big Beautiful Bill" that Musk said would "bankrupt the country."

Trump on Sunday called Musk's plans "ridiculous" but said that Musk "can have fun with it."

Musk was once a major Trump campaign financier and head of the "Department of Government Efficiency."