Elon Musk, the billionaire investor who has clashed with Donald Trump after being one of the president’s closest allies in US business, said he had formed a new political party to fight the “one-party system” afflicting America.
Musk made the announcement on X, his social media platform, on Saturday, following the enactment on July 4 of Trump’s landmark domestic policy bill, which the head of Tesla and SpaceX has blasted for adding to America’s debt.
“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,” Musk wrote.
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