India, July 6 -- Elon Musk on Saturday announced the formation of his America Party, days after President Donald Trump-led Big Beautiful Bill passed Congress. The Tesla chief, who openly opposed the legislation, had previously spoken about introducing a 'third party' to contest against the Democrats and Republicans. He even asked his followers on X whether a new party should be created.

On Saturday, Musk posted: "By a factor of 2 to 1, you want a new political party and you shall have it!"

"Today, the America Party is formed to give you back your freedom," he added on X, platform formerly known as Twitter.

While the former Trump adviser and DOGE chief has not revealed specific details about his The American Party, we tried to address p...