#MuskAmericaParty Billionaire Elon Musk said Saturday he is forming a third political party, after a dramatic falling out with Donald Trump, indicating he will make good on threats he made if the president’s domestic policy bill became law.

“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Trump’s former “first buddy” said on his social media platform, X. “Today, the America Party is formed to give you back your freedom.