"When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk said in the announcement.

Treasury Secretary Scott Bessent had little to say about Elon Musk’s latest political venture, except that the former Trump adviser is unpopular. Bessent suggested that Musk’s “America Party” would hold little sway with voters,

"The America Party is formed to give you back your freedom," Musk said, days after Trump debated deporting him.