New Delhi, July 7 -- Billionaire Elon Musk is not about to exit US politics. Over the weekend, he launched the America Party to take on both the Republican and Democratic parties.

This is what Musk had threatened after his falling-out with Republican US President Donald Trump over the latter's One Big Beautiful Bill, which was passed by American lawmakers despite Musk's fierce objections to the huge overload of public debt it would result in.

Also Read: X factor: The rise and fall of Elon Musk as a political figure

This criticism is valid. Over time, it could lead to the US inflating its debt away, even practising financial repression. It's also true that Musk's own business interests are hurt by the legislation's withdrawal of clean-e...