MAGA supporters could be "drawn to Musk's views about government spending, technology and trade," a political scientist told Newsweek.

On the heels of the Fourth of July -- and amid his feud with President Donald Trump and congressional Republicans over the president's tax policy bill -- tech billionaire Elon Musk announced plans for a brand new political party,

"It's just going to split conservatives," one GOP senator warned after the richest man in the world announced plans to start a new political party.