New Delhi, July 6 -- After US President Donald Trump's Big Beautiful Bill passed Congress, Tesla CEO and tech mogul Elon Musk took to X to state about formation of his new political venture called "America Party".

This follows his idea which he teased a day prior, asking whether he should create it. To which, he received a "yes" answer from the poll he began as he thought Independence Day was "the perfect time to ask if you want independence from the two-party (some would say uniparty) system!"

Earlier, he floated the idea of bringing a third party to compete the Democrats and the Republicans in the US politics.

Later, he said, "By a factor of 2 to 1, you want a new political party and you shall have it! Today, the America Party is for...