Musk officially filed paperwork with the Federal Election Commission Sunday to establish his so-called “America Party” after he pledged to hit back against Republicans for passing President Donald Trump’s “Big Beautiful Bill,” which is projected to add $4.5 trillion to the national debt.

Elon Musk said he's carrying out his threat to form a new political party after his fissure with President Trump, announcing on social media that he would form the America Party in response to the president's sweeping new law.