The timing was no accident. Musk’s announcement came one day after President Trump signed a sweeping tax-and-spending bill into law—legislation Musk had previously denounced. “The party has officially been formed to give you back your freedom,” he posted on X, the social platform he owns.

More than a month after their initial social media bluster, Elon Musk has announced the formation of a new U.S. political party in response to U.S. President Donald Trump signing his sweeping tax and spending bill into law.

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