• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

by July 8, 2025
written by July 8, 2025

As Elon Musk moves forward with forming a third party in hopes of rocking the nation’s longstanding two-party system, the world’s richest person is reaching out to a one-time presidential candidate who has started his own independent party.

Musk, the billionaire CEO of Tesla and SpaceX who spent the first four months of President Donald Trump’s second administration as a special White House advisor steering the recently created Department of Government Efficiency (DOGE), spoke with Andrew Yang, Fox News has confirmed.

A source familiar with the conversation said that the two discussed Musk’s push to create the ‘America Party,’ which Musk aims to field some candidates in next year’s midterm elections.

‘I’m excited for anyone who wants to move on from the duopoly,’ Yang said in a statement to Fox News. ‘And I’m happy to help give someone a sense of what the path looks like.’ News of the conversation was first reported by Politico.

Yang grabbed national attention in the 2020 election cycle, as the entrepreneur went from an extreme longshot to briefly being a contender for the Democratic presidential nomination. 

But Yang soured on the two-party system after an unsuccessful 2021 run for New York City mayor. He then formed the independent Forward Party, which has been recognized in a handful of states and aims to eventually gain ballot access from coast to coast.

Yang and Musk are far from strangers. Musk in 2019 supported Yang’s unsuccessful presidential bid. 

Musk became the top donor of the 2024 election cycle, dishing out nearly $300 million in support of Trump’s bid through America PAC, a mostly Musk-funded super PAC aligned with Trump.

Trump named Musk to steer DOGE soon after the November election, and the president repeatedly praised Musk during his headline-making and controversial tenure at the cost-cutting effort.

But a feud between Musk and Trump broke out days after Musk left the White House in late May, as Musk dubbed the administration’s massive landmark spending bill – which Trump called his ‘big, beautiful bill’ – a ‘disgusting abomination,’ which he said would sink the nation into unsustainable debt.

Musk also argued that Trump would not have won last year’s presidential election without all of his support. 

Musk announced the launch of the ‘America Party’ on his social media platform X on Saturday, a day after Trump signed the sweeping domestic policy package into law. The measure narrowly passed the Senate and House last week along near party-line votes in the Republican-controlled chambers.

Trump on Sunday ridiculed Musk’s move.

‘I think it’s ridiculous to start a third party,’ Trump told reporters. ‘It’s always been a two-party system, and I think starting a third party just adds to confusion.

The president added that ‘third parties have never worked. So, he can have fun with it, but I think it’s ridiculous.’

Starting an independent or third party, and gaining ballot access in states across the country, is extremely difficult.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Bondi under siege after DOJ reveals no Epstein client list
next post
LIZ PEEK: Musk throws his own party because he’s mad at President Trump

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Bitcoin remains under bearish pressure on Tuesday

    October 2, 2024
  • Gold and silver: the price of gold stabilized above $2410

    July 24, 2024
  • The dollar index is in a good position to remain bullish

    October 14, 2024
  • Retiring Corvette ‘godfather’ on EVs, spinoff and a performance SUV

    August 6, 2024
  • Trump can delete Elizabeth Warren’s failed experiment once and for all

    February 5, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (1,895)
  • Stock (1,017)

Latest Posts

  • Primary pause, political firestorm: High-stakes elections this month take center stage

    April 6, 2026
  • Zelenskyy wants nukes or NATO; Trump special envoy Kellogg says ‘slim and none’ chance

    February 6, 2025
  • Boeing factory workers strike after overwhelmingly rejecting contract

    September 15, 2024

Recent Posts

  • Party City to close all of its stores, report says

    December 21, 2024
  • Saks files for bankruptcy as luxury market struggles

    January 15, 2026
  • CIA director says China is #1 priority, poses biggest challenge from adversary in US history

    April 17, 2025

Editor’s Pick

  • Here’s why the Rolls-Royce share price may crash to 1,000p soon

    March 30, 2026
  • LEE CARTER: The secret sauce of Trump’s success that continues to mystify his most ardent critics

    May 7, 2025
  • Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company

    September 30, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock