Why Elon Musk’s Third Party Is Doomed

July 7, 2025 · 10:12 am ET · Leave a Comment

Elon Musk marked the holiday weekend with a splashy announcement: he’s forming a new political party out of what he says is growing frustration with both Republicans and Democrats.

It’s the sort of declaration that tends to grab headlines—especially when it comes from one of the world’s richest men.

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