The billionaire took to his platform, X, to reveal the formation of the America Party, which he is promoting as a direct challenge to the existing two-party system dominated by Republicans and Democrats.

However, details surrounding the party’s official registration with US election authorities remain unclear. Musk has not provided comprehensive information about who will lead the party or its core ideology.

The idea of a new political party first emerged during Musk’s public spat with President Trump. Following this, Musk sought the opinion of his X followers on whether a new party should be established in the United States.

According to a BBC correspondent, nearly a million people responded to his poll, with approximately 60% expressing support for the formation of a new political entity.