Credit: Gage Skidmore / Flickr Elon Musk’s proposed ‘America Party’ is beginning to look like another flash in the pan. The mercurial billionaire, who backed Trump in the 2024 election before recently turning on him, has repeatedly pledged to launch a political party in his own image. Yet no formal paperwork has been filed, fueling speculation that the so-called ‘America Party’ was little more than an empty threat. Musk’s reason for starting a third party was ostensibly the passing of Trump’s budget reconciliation package, which he criticized for failing to tackle the issue of the fiscal deficit. Elon Musk: We have to do something about the debt or the country’s going to go bankrupt. “Just like a person, if you spend too much, eventually you…

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