"Today, the America Party is formed to give you back your freedom,"
In short:
Elon Musk announces he is forming the "America Party", as his feud with US President Donald Trump deteriorates further.
The announcement comes after Mr Trump signed his self-styled "big, beautiful" tax-cut and spending bill into law on Friday.
What's next?
Mr Musk has previously said he would start spending money to unseat members of congress who supported the bill.
Elon Musk announces he is forming the "America Party", as his feud with US President Donald Trump deteriorates further.
The announcement comes after Mr Trump signed his self-styled "big, beautiful" tax-cut and spending bill into law on Friday.
What's next?
Mr Musk has previously said he would start spending money to unseat members of congress who supported the bill.
