Elon Musk has launched a new political party following his epic fall out with Donald Trump.
The former ‘First Buddy’ announced the foundation of the America Party on his X social media platform on Saturday.
It came after Musk created an online poll on July 4 asking his followers whether to establish the new party.
The results came back 65.4 percent in favor, leading Musk to make the announcement.
‘By a factor of 2 to 1, you want a new political party and you shall have it!’ Musk wrote.
‘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 had been elevated to a prestigious role within the White House acting as a special advisor to the president and overseeing the Department of Government Efficiency.
But in recent months a rift has emerged and the two former friends have been embroiled in embarrassing public spats played out over social media.
Elon Musk has launched a new political party following his epic fall out with Donald Trump
Many had predicted that Trump and Musk’s rosy bromance wouldn’t last long and some pointed to betting markets on when they would turn on each other.
Betters heavily favored a fallout before July 1, 2025, less than six months after Musk joined Trump’s administration as a special advisor.
In just a matter of months Musk went from spending $288 million for Trump’s election campaign, to slinging insults about him online.
The bust up occurred after Musk stepped down from DOGE over Trump’s ‘Big Beautiful Bill’ which ends tax breaks for electric vehicles, which are Tesla CEO Musk’s passion project.
Musk also argued that the bill undercut DOGE’s cost-cutting efforts by increasing the deficit.
The rift deepened after the president rescinded his nomination offer to Musk-ally Jared Isaacman for NASA administrator over donations he made to the Democrats.
Since then Trump and Musk have engaged in public mudslinging against each other.
Musk accused the president of ingratitude and claimed he would have lost the election without him, while Trump branded him ‘crazy’.
The former bromance has soured in recent weeks following a clash over Trump’s Big Beautiful Bill
Since their public break-up, Musk has threatened to start a new, third political party and buttress the reelection campaign of Republican Rep. Thomas Massie, one of the no votes on Trump’s big bill.
Trump recently outed himself as the person who leaked details about Musk’s alleged drug use, according to author Michael Wolff, who penned the eye-popping book Fire and Fury: Inside the Trump White House.
The New York Times reported that during the 2024 presidential campaign, the billionaire used so much ketamine he was having bladder problems and also used Ecstasy, psychedelic mushrooms and what appeared to be Adderall.
Musk has denied The Times’ reporting and released a drug test online since.
This is a breaking news story, please check back for updates.
