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International News: In a move that could reshape America's political landscape, billionaire entrepreneur and Tesla CEO Elon Musk has officially launched his own political party—the America Party. His decision follows a sharp fallout with President Donald Trump, particularly over Trump’s controversial ‘Big Beautiful Bill,’ which Musk had warned against. Staying true to his word, Musk has now made a dramatic foray into U.S. politics. But this bold step raises a crucial question: Can Elon Musk replicate his business success in the political arena?
Although the United States functions as a multi-party democracy, real political power has been monopolized by two parties for over 150 years—the Democratic Party and the Republican Party. While smaller parties such as the Reform Party, Libertarian Party, Green Party, and Constitution Party have contested elections, none have posed a serious challenge to the dominance of the big two. These minor players are often grouped as “third parties,” and historically, their impact on national elections has been minimal.
Musk’s entry into politics echoes the story of Ross Perot, a billionaire businessman who, in 1992, launched the Reform Party and ran as an independent presidential candidate. Perot captured an impressive 19% of the popular vote but failed to win any electoral college votes, as he didn’t finish first in any state.
Another example is Theodore Roosevelt, who, in 1912, founded the Progressive “Bull Moose” Party after his presidency. Though he secured 88 electoral votes, the party disintegrated before the next election cycle. These cases illustrate a recurring truth: without deep grassroots support, organizational strength, and sustained political identity, even the most high-profile third-party efforts in the U.S. have failed to endure.
Several structural and psychological factors make it difficult for new parties to thrive in the American system:
Musk will need to overcome all these hurdles if he hopes to build a viable political alternative.
There’s no denying Elon Musk’s influence in technology and global business. His ventures—Tesla, SpaceX, Neuralink, and X (formerly Twitter)—have revolutionized their respective industries.
But politics demands more than innovation and headlines. To succeed, Musk must craft a coherent political ideology, present a policy roadmap, and build a durable grassroots organization. Charisma and capital alone won’t suffice in a system where voters tend to stick with familiar choices.
Musk’s America Party has certainly sparked interest, but the road to political relevance is steep. The U.S. electoral system and the political culture heavily favor the status quo. To break through, Musk must do more than court headlines. He must institutionalize his vision, mobilize support across demographics, and sustain momentum beyond just one election cycle. Otherwise, like Ross Perot’s Reform Party or Roosevelt’s Bull Moose movement, the America Party may become just another footnote in U.S. political history.
Elon Musk’s political plunge could either be the start of a historic shift or another ambitious, short-lived experiment. The coming months and years will reveal whether the world's richest man can also become one of its most influential political leaders.