Why Elon Musk’s Third Party Plans Face Big Hurdles

Political Landscape - Elon Musk, a prominent figure, entered the political arena in 2024, becoming the largest Republican donor with $290 million spent [2] - Musk intends to establish a new political party named the America Party, following disagreements with the Republican party [2] - Establishing a recognized political party requires fulfilling numerous requirements, including creating state organizations and adhering to state laws [3] - The America Party needs to demonstrate its own governing rules, maintain a physical office, and engage in party-building activities [4] - The dominance of the two major parties in the US is attributed to their efforts in limiting competition through election laws [4] Voter Sentiment - A significant 58% of voters expressed the need for a third party in the US in October 2024 [5] - Musk plans to make the national debt the central issue of his party [5] - The level of voter support for addressing the national debt as a defining issue remains uncertain [5]