The billionaire’s latest venture into U.S. politics points to cracks in the two-party system—even if it might flop.

If you’re old enough, you’ve seen this movie: An eccentric billionaire, full of bile and nursing grudges against the incumbent Republican president, wants to create a third major political party and ...

Democrats are struggling to articulate a clear platform and policy, which is causing confusion among voters, while Trump's ...

The cycle of rich guys trying to form third parties has been a constant in this country. Musk’s proposed effort would likely ...