Tesla CEO Elon Musk said Saturday that he created a new political party called the America Party after reigniting a feud with President Trump.“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,” Elon Musk said Saturday on X.

Musk officially filed paperwork with the Federal Election Commission Sunday to establish his so-called “America Party” after he pledged to hit back against Republicans for passing President Donald Trump’s “Big Beautiful Bill,” which is projected to add $4.5 trillion to the national debt.