A new poll found the likelihood of an America Party candidate winning an election is slim. It could, however, draw votes away from Republican candidates, hurting their chances as well.

David Sacks, President Trump’s artificial intelligence (AI) and crypto czar, urged tech billionaire and friend Elon Musk to reconsider his recent third-party push, arguing his political goals could be achieved through the Republican Party.

Can a third political party succeed in the US? Presidential elections are largely seen as a contest between the Democratic and Republican parties.

Mr. Musk has become an obsession of many Trump officials and Republican fund-raisers, who see him as the party’s next great hope — or a meal ticket for themselves.