On July 6, according to the Wall Street Journal, neither Musk nor his advisors have filed documents with the U.S. Federal Election Commission indicating the formation of a new political entity called the "American Party." The name of the party is similar to the America PAC he helped found. Documents show that through this political group (America PAC) supporting Trump's campaign, Musk spent nearly $300.000.000 to help Trump and other Republicans in 2024. Although third-party candidates in the United States have never become president, they can play a spoiler role, taking votes away from the two major parties. [深潮 TechFlow]