"When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk said in the announcement.

"The America Party is formed to give you back your freedom," Musk said, days after Trump debated deporting him.

Scaramucci has been a staunch critic of Trump since departing the White House in 2017, endorsing former Vice President Kamala Harris in the 2024 presidential race. He also had choice words for Musk, telling CNN earlier this year that the tech broligarch would do well to “lay off the gas on politics” and “stick to business.”