"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.

Elon Musk soft-launched a third party over the weekend, and so far, the billionaire seems to be manifesting his “America Party” into existence.

Netizens in China are thoroughly entertained by the public spat between the U.S. president and world's richest man.