Musk intends to establish the 'American Party'. The 'American Party' is the name Musk has given to this new American political party, aiming to counter Trump.
Musk conducted an online survey, and 80% of internet users supported the establishment of a new party representing American centrist voters. Musk subsequently named this new conceptual party 'American Party' on social media.
As the feud between Trump and Musk escalates, their relationship continues to deteriorate. The highly efficient Musk is preparing to quickly retaliate against Trump, one method being the establishment of a new American political party to undermine Trump and the Republican Party's midterm elections.
The American news outlet Vox believes that Musk's actions could indeed impact the Republican Party's midterm elections, with over 40 House representatives and 7 Senate seats in play. If Musk concentrates his financial resources to send candidates to these districts, splitting the Republican vote, then after the midterm elections, the Republican Party may lose control of the House and Senate, leaving Trump as a lame-duck president.