On July 8, according to Jinshi Data, Elon Musk is working on creating a new party to stir up the American political system. He has discussed this nascent effort with Andrew Yang, a Chinese-American entrepreneur and former Democratic presidential candidate. Yang, who ran for US president in 2020 and is the founder of the independent "Forward Party," said in an interview that he has been "in contact" with Musk and his team. "I am excited for anyone who wants to break free from the two-headed (Democratic and Republican) monopoly," Yang said. "I am happy to help others understand what that path looks like." Yang did not answer follow-up questions about when they spoke and what else they discussed. After failing to win the New York City mayoral election as a Democrat in 2021, he stepped up his criticism of the American two-party system. The "Forward Party" has already gained recognition in a few states and aims to gain ballot access in all 50 states this year. [Deep Tide TechFlow]