Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, announcing on social media that he would form the America Party in response to the president’s sweeping tax cuts law.

Elon Musk, a figure synonymous with innovation and ambition, frequently makes headlines not just for his ground breaking ventures but also for his outspoken political views. Yet, when these opinions translate into public actions,

President Donald Trump and Elon Musk are trading public insults after the Tesla billionaire suggested he'll create a new political party, "America Party."

President Trump said Elon Musk's new third party is "good for me" but maybe not for other Republicans during a press conference.

The two men spoke about Mr. Musk’s push to create the America Party before the midterm elections. Mr. Yarvin has expressed support for a monarchy, along with provocative ideas about race.

Florida Gov. Ron DeSantis suggested that business magnate Elon Musk could make a big impact on U.S. politics if he pushes for balanced budget and term limit constitutional amendments. (Credit: @GovRon