In an escalation of Elon Musk’s fractured relationship with President Donald Trump and his Republican allies, the Tesla CEO has floated the idea of starting a new political party to rival the two-party system.

Betting market traders are already weighing in on what could happen next in the feud between President Donald Trump and Elon Musk.

ToplinePresident Donald Trump and Elon Musk’s months-long alliance imploded in spectacular fashion Thursday as the world’s richest man and its most powerful engaged in a nasty, public back-and-forth on their respective social media platforms—just months after the two formed a friendship so close Musk sometimes slept at the White House.