Elon Musk has said that he's formed a new political party, but it's unclear what steps — if any — he's taken to do so, or how the effort might affect upcoming elections. Musk has not yet released any additional information.

Elon Musk, former head of the Department of Government Efficiency, wrote on X he was launching his third party, saying “When it comes to bankrupting our country with waste & graft, we

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