Elon Musk announced Saturday the formation of a new political party he's calling the “America Party.” Musk posted a poll on his social media platform on Independence Day, asking users whether a new party should be created—65 percent said “yes.” He suggested that the poll results prompted his decision.

Tragedy has struck Texas, where flash flooding has claimed the lives of at least 27 people, including nine children. Authorities have evacuated nearly 1,000 people so far and are continuing recovery operations along the Guadalupe River.

President Donald Trump says he’s cautiously optimistic that a deal to transfer control of TikTok to a U.S. buyer could come together next week. He said Friday that U.S. officials will begin talks with China in the coming days regarding a potential agreement.