Browsing: Elon Musk

Tesla shares plunged around 7 per cent in pre-market trading after Elon Musk announced the launch of a new U.S. political party, dubbed the “America Party”, and reignited a public feud with former President Donald Trump.

Elon Musk has launched the America Party, a new political entity aimed at hitting back at the traditional two-party system in the US.

Elon Musk announces the formation of the America Party to challenge the current political system, citing concerns over waste and corruption within the existing one-party framework.

US President Donald Trump on Sunday blasted multibillionaire CEO Elon Musk’s launch of a new US political party called the America Party.

Elon Musk has announced the formation of a new political party, named the America Party, following a poll on X, where he garnered significant support from his followers.

Donald Trump has publicly suggested he would “take a look” at deporting Elon Musk, despite the Tesla and SpaceX CEO being a naturalised US citizen.

Divided Opinions: The “big, beautiful bill” has ignited significant debate in Congress, with both ambitious proposals and political infighting surrounding it.

Elon Musk has signalled intentions to create a new political party, the “America Party,” in response to dissatisfaction with the current US tax and spending bill, indicating potential opposition to Republican lawmakers.

Mexican President Claudia Sheinbaum has threatened legal action against SpaceX following debris, metal, plastic, and rocket fragments falling into Tamaulipas, across the border from SpaceX’s Starbase test site in Texas.

Elon Musk publicly acknowledged on X early 11 June that he “regret[s] some of my posts about President @realDonaldTrump last week. They went too far,” following a heated public feud sparked by his criticism of Trump’s sweeping “One Big Beautiful Bill” and allegations tying Trump to Jeffrey Epstein’s withheld files.