New Delhi, July 9 -- US President Donald Trump brushed off tech billionaire Elon Musk's new political party, suggesting it would actually boost his own campaign-just two days after dismissing the idea as "ridiculous."

"I think it will help us. It will probably help," Trump said on July 7 when asked about Musk's formation of the "America Party," a political movement Musk says will challenge both Republicans and Democrats.

"Third parties have always been good for me. I don't know about Republicans, but for me," added Trump.

Speaking to reporters on July 7, Trump took direct aim at Musk's announcement, dismissing the concept outright.

"I think it's ridiculous to start a third party. We have a tremendous success with the Republican Party....