Musk announces creation of new party

Elon Musk has announced that he is moving ahead with plans to create a new political party. The move comes on the heels of a falling out between the billionaire and President Donald Trump over tax and spending policy. 

Both Republicans and Democrats are only wasting taxpayers’ money and damaging the US economy, Musk claimed on Saturday. “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy,” he wrote in a post on X, the social media platform he owns. “Today, the America party is formed to give you your freedom.”

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