DAVID: There are two ways to think about a national third party: as a vehicle to get people elected and as a way to change policy. If Elon Musk's plan for the America Party is to elect a president or even compete with Democrats and Republicans for control of the House or the Senate, I wish him luck.

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.

Elon Musk's favorability rating has plummeted to disastrous levels amid his falling out with President Donald Trump, a new poll found.

LinkedIn cofounder and top Democratic donor Reid Hoffman said he's "very sympathetic" to Musk's core cause of reining in deficits.

The world’s greatest innovator has set his sights on America’s biggest problem: the two-party system that is ripping our social fabric, bankrupting

The billionaire Testla owner wants to create a new political party. The Rhode Island businessman and former gubenatorial candidate tried it first.