But after Musk announced over the weekend the formation of his planned third political party, the “America Party,” Trump seemed to feel less love or hate than pity. “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,” Trump posted on Truth Social on Sunday.

The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party,

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

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

STORY: U.S. President Donald Trump had a biting response Sunday to billionaire Elon Musk's move to start a new U.S. political party:“I think it's ridiculous to start a third party. We have a tremendous success with the Republican Party.

Saying Elon Musk was “essentially becoming a TRAIN WRECK,” President Donald Trump on Sunday expressed disappointment that his formerly loyal supporter has decided to form a political party. “I am saddened to watch Elon Musk go completely ‘off the rails,

President Donald Trump called Elon Musk's plans to form a new political party "ridiculous," saying Musk could have fun with his new project but that the United States functions best under a two-party system.

"I think it's ridiculous to start a third party," Trump told reporters before boarding Air Force One in Morristown, New Jersey. "Starting a third party just adds to confusion... He can have fun with it,