Elon Musk says he is launching new America Party

The world's richest man says he is setting up a new political organisation called the America Party.
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The billionaire announced on his social media platform X that he had set up the America Party, billing it as a challenge to the Republican and Democratic two-party system.
However, it is unclear if the party has been formally registered with US election authorities. Musk, who was born outside of the US and is thus ineligible to run for the US presidency, does not say who will lead it.
He first raised the prospect of forming a party during his public feud with Trump, which saw him leave his role in the administration and engage in a vicious public spat with his former ally.
During that row, Musk posted a poll on X asking users if there should be a new political party in the US.
https://www.bbc.com/news/articles/c1dn04lvgpdo
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