Musk would need to overcome many hurdles to establish a third party. Similar efforts, including the late billionaire Ross Perot’s, haven’t lasted.

Musk tweeted a poll to his X followers Friday asking if they want “independence from the two-party (some would say uniparty) system.” In a subsequent tweet, he said “one way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts,