Can billionaire Elon Musk build a third party that lasts? We look at the odds, the obstacles, and the history stacked against him.

Could Elon Musk’s proposed "America Party" reshape fiscal policy and the economy? ChatGPT weighs in on debt, disruption and what it could mean for your money.

According toJune 2024 Gallup polling, over the last 25 years, Americans have remained constant in leaning to the right on economic issues, but have shifted left on social issues. Meanwhile,April 2025 Gallup numbersshowed 81 percent of those polled expressing a “great deal” or “fair amount” of worry about federal spending and the budget deficit—a jaw-dropping number.

"When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk said in the announcement.

One-time Trump ally has acquired a taste for political power and clearly wants more of it

There’s more to launching a third party than posting about it on social media. But Musk can still "disrupt" America’s partisan status quo.

Elon Musk launched the "America Party" Saturday, calling for an end to the “uniparty" system after President Donald Trump signed the "big, beautiful bill" into law.

Two weeks have passed since Elon Musk announced a third party, and the reaction among the political establishment has been overwhelmingly negative. Many analysts, pundits and campaign consultants are under the impression that the America Party will be waging a presidential contest and confronting the numerous obstacles that go with this massive undertaking.

Elon Musk suggested a third political party, which he’s floated as the “America Party,” will hold significant sway in the Senate and House under slim Republican margins, as he aspires to form a competing party after breaking with the GOP over President Donald Trump’s signature policy bill.

Elon Musk is now the leader of a newly announced political party called the ‘America Party’! This massive and shocking move came amid a reported fallout with Donald Trump due to significant differences in political opinions.

SpaceX has warned investors about the risk to the company from its own CEO. In documents attached to a tender offer to investors, SpaceX said there were “risk factors” associated with CEO Elon Musk’s potential return to politics,