Elon Musk has announced the formation of a new political party, just weeks after a significant fallout with US President Donald Trump.
The billionaire revealed on his social media platform X that he has established the America Party, presenting it as a challenge to the existing Republican and Democratic two-party system.
However, it remains uncertain whether the party has been officially registered with US election authorities. Musk, who was born outside the US and is therefore ineligible to run for the presidency, has not disclosed who will lead the party.
He initially suggested the idea of creating a party during his public dispute with Trump, which resulted in his departure from the administration and a fierce public confrontation with his former ally.
During that conflict, Musk conducted a poll on X, asking users if they believed a new political party should be established in the US.
In reference to that poll in his post on Saturday, Musk stated: “By a factor of 2 to 1, you want a new political party and you shall have it!
“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.”
As of Saturday, the Federal Electoral Commission had not released any documents indicating that the party had been officially registered.
While there have been notable figures outside the traditional two-party system in US politics, it is challenging for them to achieve sufficient nationwide popularity to pose a genuine threat.
In the previous presidential election, candidates from parties such as the Libertarian Party, the Green Party, and the People’s Party all attempted unsuccessfully to prevent Trump or his Democratic opponent, Kamala Harris, from winning.
Musk was, until recently, a staunch supporter of Trump, having danced alongside him at election rallies last year and bringing his four-year-old son to meet Trump in the Oval Office.
He was also a significant financial supporter of Trump, contributing $250 million (£187 million) to assist him in regaining office.
