Writing on X, formerly Twitter, multiple people have responded to Musk announcing he would form a new party, though he has also attracted criticism, too. On Saturday, Musk announced he was forming a new political party called the "America Party.

American history is littered with third-party bids that flared brightly only to fizzle out, he explained. George Wallace carried five Southern states in 1968 and Ross Perot grabbed nearly 19% of the popular vote in 1992 — yet neither cracked the two-party hold on the presidency.

The Tesla CEO says both parties have failed and claims The American Party will fight government bloat, attract disillusioned Democrats, and shake up the system.