00:00Elon Musk has officially launched a new political organization called the American Party, filing
00:06FEC paperwork on July 5th, a direct response to his fallout with President Trump over the
00:12budget and tax bill that Musk vehemently opposed.
00:16Musk positioned the party as a centrist challenge to the entrenched two-party system and emphasized
00:21targeting a select few congressional seats in order to wield decisive influence in both
00:27chambers.
00:27With Musk's online poll showed about 65% support from over a million respondents, skeptics
00:35questioned the viability of a new party under the U.S. winner-take-all electoral structure.
00:41Trump called Musk's move ridiculous and cautioned that a third party could sow confusion, while
00:47hints were made that Elon Musk's own federal contracts might come under review.
Comments