Billionaire Elon Musk, who recently parted ways with the Trump administration in particularly harsh tones following disagreements with the president and his team, announced this evening on his X platform that he is founding the "America Party."

Musk said he made the decision following a poll he conducted on the platform a day earlier, in which users voted "by a 2-to-1 ratio" in favor of founding the party. “You wanted a new party – and you're going to get it!” he declared. According to him, “Today, the America Party was founded to give you back your freedom.”

Musk, considered the richest man in the world and owner of the social platform X, the aerospace and communications company SpaceX, and electric car maker Tesla, joined Trump’s administration as head of the Department of Government Efficiency (DOGE) – a new agency established at the beginning of Trump's term aimed at cutting public sector jobs and federal spending.

Although the two were very close during the president's campaign and afterward – including hundreds of millions in donations and the billionaire joining the president’s diplomatic trip to the Middle East – at some point, their relationship deteriorated. This apparently occurred in the wake of Trump’s “big and beautiful law,” which passed in Congress this week.