Elon Musk announces formation of America Party amid fallout with Trump

Elon Musk has announced the formation of a new political party in the United States called the 'America Party'. Musk stated that Americans desire real political change and that the America Party aims to restore freedom. He criticised both Republicans and Democrats, citing the increasing deficit as a reason for his changed stance on the Trump administration. Musk's announcement follows a social media poll where 65% of 12 million voters expressed support for a new political party. He plans to target a few Senate and House seats. This development could significantly impact the US political landscape, especially in the upcoming mid-term elections in 2026 and beyond.