Trump said third political parties "have never succeeded in the United States" because "the system seems not designed for them."

Billionaire Elon Musk said Saturday he is forming a third political party, after a dramatic falling out with Donald Trump, indicating he will make good on threats he made if the president’s domestic policy bill became law.

Independent party founder Andrew Yang supports an Elon Musk political initiative that ‘breaks the duopoly.’ Yang said he was in contact with Musk.