Musk touted forming a new political party—the "America Party"—after voicing his opposition to Trump's One Big Beautiful Bill Act.

Elon Musk may now be reaching a political crossroads of his own making. Just a few days before, the Tesla and SpaceX CEO had pledged to launch a new "America Party" party if former President Donald Trump's contentious tax-and-spending bill were to pass.

Within the course of a few weeks, Elon Musk has gone from a close confidante of President Donald Trump to his apparent political enemy. There is no clearer evidence of this than Musk's intention to start a third-party movement to fight against the Democrats and Republicans;

Billionaire’s political threats have not stopped the president’s ‘big, beautiful bill’ hurting the electric-car maker’s profits

The billionaire SpaceX, Tesla and X owner who catapulted his zealous embrace of President Donald Trump into a powerful position slashing government spending now risks sweeping cuts to his own bottom line after resuming the feud that led to their very public bitter split last month.

President Trump commented Monday about 'looking into' deporting Tesla and SpaceX CEO Elon Musk. Here's what we know about Musk's citizenship status.