MAGA supporters could be "drawn to Musk's views about government spending, technology and trade," a political scientist told Newsweek.

WHITE: The Trump coalition is beginning to fracture, and in a lot of ways, there is historical precedent for this. Trump and Grover Cleveland have a lot in common besides serving non-contiguous terms as president.

The two men spoke about Mr. Musk’s push to create the America Party before the midterm elections. Mr. Yarvin has expressed support for a monarchy, along with provocative ideas about race.

The Musk effect still underpins Tesla’s market cap. The shareholders who have pumped up its stock price are fixated on the technology future that he has conjured up, not the electric car business that is the company’s bread and butter today.

Musk has become increasingly involved in politics in recent years, making large donations to support Donald Trump‘s 2024 presidential campaign and securing a role in the White House’s Department of Government Efficiency earlier this year.

Whitman thought her wealth could buy the governorship of California in 2010. Of her $1.5 billion net worth that year, she blew $177 million on her campaign. Rival Jerry Brown spent just $36 million and crushed her, 53.8% to 40.9%. Her 4.1 million votes cost $43 per vote. His 5.4 million votes cost just $7 per vote, one-sixth as much.

Elon Musk’s “America Party,” may not have much success, but voters’ dissatisfaction with the major parties is very real.

Billionaire Elon Musk consults with Forward Party founder Andrew Yang on America Party plans, aiming to field candidates despite two-party system challenges