Elon Musk’s threat to launch a new political faction dubbed the “America Party” has drawn ridicule from within President Donald Trump’s inner circle. “I think it’s the ketamine talking in the middle of the night,

The billionaire, whose ties with the president have frayed in the past month, attacked GOP lawmakers backing the Trump’s spending bill while boosting its critics.

Treasury Secretary Scott Bessent dismissed Tesla CEO Elon Musk’s criticisms of the One Big Beautiful Bill Act that was recently passed by the Senate. Musk has consistently complained that the tax legislation will contribute to the national debt.

The fallout between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.

Musk has lost $20B - and his investors have lost $100B more - since his falling out with Trump last month - Musk, who supported Trump’s 2024 comeback with hundreds of millions of dollars, split with h