Core Viewpoint - Elon Musk has not submitted any documents to the Federal Election Commission regarding the establishment of a new political entity called the "American Party," which may be intended to disrupt the political landscape [1] Summary by Relevant Sections - **Political Entity Formation** - Musk and his advisors have not filed any paperwork indicating the formation of the "American Party" [1] - The name of the proposed party is similar to the America PAC, which Musk helped establish [1] - **Financial Contributions** - Musk has spent nearly $300 million in 2024 to support Trump and other Republican candidates through the America PAC [1] - **Impact of Third-Party Candidates** - Historically, third-party candidates have not won the presidency but can play a disruptive role by siphoning votes from the two major parties [1]