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.

Trump calls Musk's new America Party a "train wreck" after billionaire announced third-party formation following poll support.

US President Donald Trump has hit out at former close ally Elon Musk over the multi-billionaire's plan to launch a new political party. "I am saddened to watch Elon Musk go completely 'off the rails,' essentially becoming a train wreck over the past five weeks," Trump posted on his Truth Social platform on Sunday.