The dispute between U.S. President Donald Trump and Elon Musk took another turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump's 'big,

Elon Musk declared the launch of his new political party on Saturday, a project he has repeatedly floated in the weeks since his explosive breakup with President Donald Trump — but provided no details as to how he planned to jump through the hoops necessary to establish a viable alternative.