July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.

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.

Andrew Yang , former 2020 presidential candidate and founder of the Forward Party, told Politico “I’m excited for anyone who wants to move on from the duopoly, and I’m happy to help give

I think Washington needs to be overhauled 100%, but I just don’t think a third party is going to do it,” DeSantis said.

The renowned hedge fund manager projected Elon Musk's "America Party" announcement and thinks a harsh development will be next.

Elon Musk's new political party has a foreign-born treasurer, and its finances are being handled by a bank with a history of opposing Trump.

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