In an escalation of Elon Musk’s fractured relationship with President Donald Trump and his Republican allies, the Tesla CEO has floated the idea of starting a new political party to rival the two-party system.

Elon Musk floated creating a new political party, possibly dubbed the "America Party," this week, potentially escalating his feud with President Trump.

The feud between Trump and Musk cooled, but left its mark on markets and Congress, and raised new questions about the future of government contracts. Trump said he was focused on other matters in interviews.

Elon Musk's father has weighed in on his son's high-profile feud with President Donald Trump. Errol Musk compared yesterday's clash as two "elephant bulls or alphas having a go at each other," during an interview with Al Arabiya English on Friday.

Musk attacked Trump directly over his signature spending bill for the first time Thursday, sparking an explosive back-and-forth.

Less than two days after Elon Musk slammed President Donald Trump over his spending bill, the billionaire appeared to remove several X posts critical of the president.