Elon Musk said on Saturday that he had set up a new political party.
The billionaire businessman, 54, claimed he had taken the step of establishing the America Party after asking his followers if he should do so in an online poll on X on Friday.
It comes in the wake of Mr Musk falling out with Donald Trump, the US president.
In a post on X on Saturday evening, Mr Musk said: “By a factor of 2 to 1, you want a new political party and you shall have it!
“When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy.
“Today, the America Party is formed to give you back your freedom.”
Mr Musk’s online poll received more than 1.2 million responses.
He was previously critical of Mr Trump’s so-called “big, beautiful bill”, which pledges to slash taxes for the rich, make sweeping cuts to welfare programmes such as Medicaid, and remove incentives for Americans to buy electric cars..
Posting on X, Mr Musk said he would make it his mission to oust Republican senators who voted in favour of the legislation. The 54-year-old also threatened to put their faces on a poster, accusing them of being a “liar” and of “voting to increase America’s debt” by $5 trillion.
He vowed to launch a new political party to challenge lawmakers who campaigned on reduced federal spending only to vote for the bill, which experts say will pile an extra $3.4 trillion over a decade onto the US deficit.
Mr Trump, in turn, threatened to deport the tech tycoon and strip federal funds from his businesses.
“We’ll have to take a look,” the president told reporters when asked if he would consider deporting Mr Musk, who was born in South Africa and has held US citizenship since 2002.
Mr Trump said that Mr Musk “may get more subsidy than any human being in history, by far”, and that he would “probably have to head back home to South Africa” with them.
Republicans in Congress finally passed Mr Trump’s bill on Thursday, ending days of wrangling and doubt about the president’s domestic policy platform.
As of Saturday, the US Federal Election Commission had not published documents indicating the party had been formally registered.
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