While President Trump is banking on his "Big, Beautiful Bill," members of the Republican Party remain conflicted over key aspects of the massive piece of legislation.

Billionaire Elon Musk said on Monday that he would form a new political party in the United States if a Republican-leaning Congress passes President Donald Trump’s “One Big Beautiful Bill”, which proposes tax breaks and funding cuts for healthcare and food programmes.

Elon Musk on Monday took to his social media platform to castigate Republicans who campaigned on reining in spending but voted in favor of the “One Big Beautiful Bill,” threatening to start a new political party over the disagreement.