Musk has threatened to create a new political party as he continues to oppose President Trump's One, Big, Beautiful Bill.

Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party and Trump suggesting Musk could be punished for his opposition

Republican opposition to the GOP’s “big, beautiful” reconciliation bill appeared to be softening Wednesday night after President Donald Trump and White House budget director Russ Vought spent hours meeting with party holdouts during procedural votes that party leaders held open.

Moderates and fiscal hawks in the House have criticized the Senate version of President Trump’s tax-and-spending package.