Elon Musk Announces New ‘America Party’: 4 Things to Know

Tesla CEO and former White House adviser Elon Musk on Saturday announced he would create a new political party following a split with President Donald Trump over the One Big Beautiful Bill Act that passed in Congress last week. Musk, who became a vocal Trump ally in the closing weeks of the 2024 presidential election and led the task force known as the Department of Government Efficiency (DOGE), broke with the Republican president over his signature legislation, which was signed into law by Trump on July 4. What Musk Has Said “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk wrote Saturday on X, the social media company he owns. “Today, the America Party is formed to give you back your freedom.”...