"When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk said in the announcement.

The tech billionaire, who has publicly feuded with President Trump, wrote on social media that he would be creating “the America Party,” though he hadn’t yet filed paperwork.

This makes Elon Musk’s tease that he may launch his own new political party as an act of defiance following his falling out with Donald Trump even more intriguing.