Former Trump aide Steve Bannon tore into Elon Musk on Friday after the billionaire backed the creation of a new political party. Earlier this week, Musk announced he would help launch the “America Party” as an alternative to Republicans and Democrats if Congress passed President Donald Trump’s One Big Beautiful Bill Act.

After Steve Bannon falsely claimed the world’s richest person isn’t American, Musk fired back by calling Bannon a “fat, drunken slob.”

Tesla and SpaceX CEO Elon Musk is now in a bitter back-and-forth with former White House chief strategist Steve Bannon, after the world's richest man announced his intent to follow through on his plan to launch a new third party to compete with Republicans.