It’s easy for astute political observers to dismiss Musk’s proposed “America Party” as doomed to fail. For decades, political professionals

I saw a lot of chortling after Elon Musk’s announcement last week that he intends to start a third party, the America Party. Chortle away if you like. But this effort, at least according to what Musk said his goals are,

While Musk was able to pour millions of dollars into pro-Trump super PACs last year, he would not legally be able to bankroll a political party. Third parties generally have to spend a great deal of money to secure ballot access before focusing on getting their candidates elected.

July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.

Man behind Ross Perot’s campaign gives Musk third-party advice - ‘My basic advice is: Go to rehab and then focus on creating a new political party from a position of seriousness,’ Russell Verney tells

The Libertarian Party national chairman Steven Nekhaila on Tuesday suggested that Elon Musk, who has been openly criticizing President Donald Trump’s “big, beautiful bill,” should back the ...