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International Business Times
International Business Times
World

Elon Musk Says He Has Created A New US Political Party

Elon Musk, the world's richest person, was once a close ally to US President Donald Trump but has since had a major falling out with the Republican and announced he is forming a new US political party (Credit: AFP)

Elon Musk, an ex-ally of US President Donald Trump, said Saturday he had launched a new political party in the United States to challenge what the tech billionaire described as the country's "one-party system."

The world's richest person -- and Trump's biggest political donor in the 2024 election -- had a bitter falling out with the president after leading the Republican's effort to slash spending and cut federal jobs as head of the so-called Department of Government Efficiency (DOGE).

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