by Ashleigh Fields ----------------
Tech billionaire Elon Musk said Saturday he has officially formed the “America Party,” a third political faction to rival Democrats and Republicans.
“By a factor of 2 to 1, you want a new political party and you shall have it. When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk wrote in a post on the social platform X, which he owns, after putting out a poll questioning X users if they wanted a third political party.
“Today, the America Party is formed to give you back your freedom,” he added.
A page for the party went live shortly after his post, in which they lauded themselves as a group “built on common sense not consultants.” It has already acquired 19,200 followers. 
For weeks, Musk has taunted President Trump, threatening to form a third party ahead of midterm elections after the passage of the GOP spending package.
Musk railed against the legislation due to clauses that pulled electric vehicle credits for consumers, warranting a blow to his company, Tesla.
“The way we’re going to crack the uniparty system is by using a variant of how Epaminondas shattered the myth of Spartan invincibility at Leuctra: Extremely concentrated force at a precise location on the battlefield,” Musk, a major Republican donor, wrote on Saturday.