Elon Musk launched the "America Party" Saturday, calling for an end to the “uniparty" system after President Donald Trump signed the "big, beautiful bill" into law.

Elon Musk may have vowed to retreat from politics, but as the US Senate weighed President Donald Trump’s ‘Big Beautiful Bill’ on Monday, the billionaire entrepreneur stormed back onto centre stage.

Donald Trump dismissed Elon Musk's newly launched "America Party" as "ridiculous," reaffirming his belief in the traditional two-party system. Trump's remarks followed Musk's unveiling of the party, intended to challenge the perceived "one-party system" in the United States.