President Donald Trump said on Sunday that billionaire Elon Musk's move to start a new U.S. political party is ridiculous and could add to confusion. "I think it's ridiculous to start a third party," Trump told reporters before boarding Air Force One in Morristown,

The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party,

The U.S. President lamented the spectacular collapse of his alliance with Elon Musk, framing the tech billionaire’s new political party as a personal betrayal from a man he recently supported.