The announcement came after only two years on the job, and amid backlash against antisemitic posts made by the platform's Grok AI.

Billionaire tech mogul Elon Musk announced Saturday he’s launching a new political party – the latest salvo fired in his ongoing feud with President Donald Trump.

WASHINGTON, July 5 (Reuters) - The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump's "big, beautiful" tax bill would bankrupt America.

President Donald Trump said he will 'have to take a look' at deporting Elon Musk to his native South Africa as their fight reached new heights.

Marko Elez, a 25-year-old employee at Elon Musk’s Department of Government Efficiency (DOGE), has been granted access to sensitive databases at the U.S. Social Security Administration, the Treasury and Justice departments, and the Department of Homeland Security. So it should fill all Americans with a deep sense of confidence to learn that Mr. Elez over the weekend inadvertently published a private key that allowed anyone to interact directly with more than four dozen large language models (LLMs) developed by Musk’s artificial intelligence company xAI.

When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk said.

Tech billionaire Elon Musk has launched the “America Party” to challenge the Republican/Democrat two-party system, while President Trump has dismissed the idea as a “train

Musk, who until recently supported President Donald Trump, asked on X on July 4, the 249th Independence Day, if they should create the "America Party." Over 65% of the respondents on the social media platform voted in favor of creating a new party.

Elon Musk has taken to X sharing his incredibly suggestive response to Donald Trump’s brutal deportation 'threat’ and it's sparked a massive divide online.

Elon Musk soft-launched a third party over the weekend, and so far, the billionaire seems to be manifesting his “America Party” into existence.