Here's what it would take for Elon Musk to launch a third-party effort to represent what he called "the 80% in the middle."

President Donald Trump says he's not worried about the political ramifications of Elon Musk's new political party.

Musk left his post as head of Trump's Department of Government Efficiency (DOGE) when his special government employee contract ended May 30. While it was initially said that he would continue on in an advisory role, his fierce criticism of Trump's "Big Beautiful Bill" made the departure seem much more final.