Ex-Presidential Candidate Urges Elon Musk to Launch New Political Party

In an unexpected move, former presidential candidate Andrew Yang has extended an invitation to billionaire Elon Musk, suggesting that the two collaborate to form a new political party. Yang, who founded the Forward Party in 2021, made this revelation in an interview with Politico on June 7, 2025.

He explained that he believes Musk has the potential to bring about a transformative change in U.S. politics, offering a new path for the country's leadership that is not mired in the traditional political system.

The idea of a new political party has been gaining traction in recent years, fueled by frustration with the two-party system in the U.S. Yang has long advocated for a third-party option to break the political gridlock and provide an alternative to the divisive nature of the current political landscape.

His invitation to Musk comes at a time when the billionaire has become increasingly vocal about his frustrations with the current political system, particularly in the wake of his public disagreements with former President Donald Trump over key legislation.

Yang’s vision for a new political party is centered around the idea of bringing together independent thinkers and outsiders who are dissatisfied with the status quo. According to Yang, figures like Musk, who operate outside the traditional political sphere, are uniquely positioned to challenge the deeply entrenched political elites and bring about meaningful change.

Yang’s party has already gained a foothold among independents and those frustrated with both major political parties, but the addition of Musk to this movement would certainly give it a significant boost in terms of visibility, influence, and credibility.

Musk, who has made headlines for his outspoken views on a variety of issues, including government spending, the role of the private sector in space exploration, and his critiques of environmental policies, has been increasingly distancing himself from traditional political affiliations.

His public disagreement with Trump over the “big beautiful bill,” a massive tax and spending package, has further underscored his desire to break away from the political establishment.

Musk’s opposition to the bill, which he has described as a “disgusting abomination,” centers on its potential to increase the national deficit, an issue that has long been a point of contention for Musk, who has been a vocal advocate for reducing government waste and inefficiency.

The proposal for a new political party, while still in its infancy, could represent a significant shift in the U.S. political landscape. Musk’s involvement in such an initiative would add a high-profile figure to the movement, potentially attracting millions of voters who feel disenfranchised by the two-party system.

However, it is unclear whether Musk, who has so far focused on his business ventures and technological innovations, would be willing to fully commit to the creation of a new political party.

His focus on space exploration, electric vehicles, and artificial intelligence suggests that his priorities may lie more in the realm of business and innovation than in politics. Nonetheless, the idea of Musk entering the political fray is intriguing, particularly given his growing influence and his ability to galvanize public opinion.

The political establishment, particularly within the Republican and Democratic parties, has largely dismissed the idea of a third-party challenge. Many believe that the two-party system is too deeply entrenched to be easily replaced or challenged by an upstart movement.

However, Yang and Musk’s proposal reflects a growing dissatisfaction with the current state of American politics, particularly among independents and moderates who feel alienated by the extremism on both sides of the aisle.

Musk’s involvement in the political sphere has been marked by controversy and contradictions. While he has been a significant donor to Republican candidates, including Trump’s 2024 presidential campaign, Musk has also expressed liberal views on issues like climate change and renewable energy.

His public stance on issues such as the expansion of electric vehicles and the need for clean energy has often put him at odds with conservative politicians. His ability to bridge the gap between the left and right, while maintaining his independence, has made him an intriguing figure in the political landscape.

However, Musk’s recent clashes with Trump, particularly over the spending bill, have highlighted the tensions that can arise when a billionaire like Musk wields significant influence in politics.

While Musk’s business empire, particularly SpaceX and Tesla, has grown to the point where it relies heavily on government contracts, his relationship with Trump and other political leaders has become increasingly strained.

Musk has openly criticized Trump’s handling of the bill, accusing him of betraying his economic principles. In response, Trump has threatened to cut government contracts with Musk’s companies, a move that would have significant repercussions for Musk’s businesses.

Musk’s reaction to the threats has been equally fiery, with the billionaire threatening to halt SpaceX’s operations and discontinue providing services to the U.S. government.

His ultimatum, while later retracted, served as a reminder of the power Musk holds in shaping the political and economic landscape. Musk’s ability to influence government policy through his business dealings raises important questions about the relationship between the private sector and the government.

As Musk’s companies continue to dominate key sectors like space exploration, electric vehicles, and telecommunications, his influence over government decisions will likely only increase.

The fallout from the public clash between Musk and Trump has had immediate financial consequences for Musk’s businesses. Tesla’s stock price dropped by over 14% on June 5, 2025, wiping out approximately $100 billion in market value.

This decline in Tesla’s stock price highlights the potential financial risks that Musk faces when his public statements and political actions affect investor confidence. Despite the drop in his wealth, Musk remains the world’s richest man, with an estimated net worth of over $300 billion.

The proposed third-party movement led by Musk and Yang has the potential to shake up the political establishment, but it also faces significant challenges. For one, the U.S. political system is notoriously difficult to penetrate, with entrenched interests on both sides of the aisle that would likely work to stymie any attempts at a viable third-party challenge.

Additionally, the divisive nature of American politics makes it difficult for any single figure, no matter how influential, to unite the country behind a common cause. However, the growing disillusionment with the two-party system, combined with the rise of influential figures like Musk and Yang, may signal a shift in the political landscape.

If Musk were to fully commit to the creation of a new political party, it could provide an alternative for millions of Americans who feel alienated by the current political system.

Whether or not this new movement would succeed remains to be seen, but the idea of Musk entering politics and challenging the establishment is certainly one that warrants attention.

In conclusion, the growing rift between Elon Musk and Donald Trump has exposed the deep divisions in American politics, as well as the potential for a new political movement to emerge.

Andrew Yang’s invitation to Musk to help create a third-party movement reflects a growing dissatisfaction with the status quo, and Musk’s influence in the political sphere could prove to be a game-changer.

However, the challenges of breaking into the two-party system and the risks of alienating key political factions cannot be overlooked. The future of Musk and Yang’s political ambitions will depend on their ability to navigate these challenges and build a movement that resonates with voters across the political spectrum.