Donald Trump fell in love with Elon Musk when the richest man in the world bankrolled his reelection campaign. Then he fell out of love with Musk when the tech titan openly criticized his ‘Big Beautiful Bill.

"I think it'll help us," Trump said about Elon Musk's "America Party." He added that "third parties have always been good for me."

More than a month after their initial social media bluster, Elon Musk has announced the formation of a new U.S. political party in response to U.S. President Donald Trump signing his sweeping tax and spending bill into law.