Elon Musk, the world's richest man, suggests the new party would focus "on just 2 or 3 Senate seats and 8 to 10 House districts."

Elon Musk declared the launch of his new political party on Saturday, a project he has repeatedly floated in the weeks since his explosive breakup with President Donald Trump — but provided no details as to how he planned to jump through the hoops necessary to establish a viable alternative.

Elon Musk says he is launching a new political party, weeks after a dramatic falling out with US President Donald Trump.The billionaire announced on his social-media platform X that he had set up the America Party and billed it as a challenge to the Republican and Democratic two-party system.