Elon Musk announced the creation of the 'America Party' after fighting with President Donald Trump over government spending. Experts say it will be tough to achieve success

Elon Musk says he has formed a new political party called the America Party. But it remains unclear what formal steps, if any, he has taken to establish it.

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.