Elon Musk has teased the idea of forming a new political party in America after his public fallout with US President Donald Trump.
The world's richest man criticised one of Trump's key domestic policies, leading to a social media feud where the pair exchanged several social media attacks.
In the latest development of the feud, the billionaire posted a poll to X asking his 220 million followers if they think it's "time to create a new political party in America that actually represents the 80 per cent in the middle."
Musk has now claimed that 80 per cent of respondents to the poll backed the idea, adding "This is fate".
Elon Musk has teased the idea of forming a new political party in America after his public fallout with US President Donald Trump
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The tech-billionaire suggested the party would be the "American Party" and it would rival the Democratic and Republican parties.
In 2024, Musk founded the American PAC, a political action committee to help elect Trump and other Republican candidates, spending £176million in the process.
While there is no limit on the amount of money contributed to his America PAC because it is organised as an independent super PAC, political party donations are capped at well under $1million.
Political commentators have suggested that this would make it hard for Musk to compete with the two main parties.
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Musk has now claimed that 80 per cent of respondents to the poll backed the idea
X
Musk said last month he planned on dialling back his political spending as he didn't "see a reason" to keep putting his money into politics after leading the Trump administration's Department of Government Efficiency.
The businessman did not rule out the possibility of getting involved again, with Trump publicly thanking him for his contribution to the Republican party.
However, a feud quickly escalated between the pair when Musk challenged the President on his One Big Beautiful Bill Act, a domestic policy that extends tax cuts, adds requirements for federal benefits eligibility, and increases the national debt ceiling.
Musk described the bill as a "disgusting abomination" and urged lawmakers to vote against it.
Elon Musk accepted a key from President Donald Trump in the Oval Office on May 30
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He added: "Shame on those who voted for it: you know you did wrong."
Musk argued that the bill will irresponsibly add to the US national debt.
The US President defended the bill, saying: "I'm very disappointed because Elon knew the inner workings of this bill better than almost anybody sitting here. All of a sudden, he had a problem."
Trump has since threatened to cut off subsidies to Musk's companies, including Tesla, while Musk claimed the president was ungrateful for the hundreds of millions he poured into helping the 2024 Trump campaign.
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