The billionaire Tesla chief, after leaving Trump administration, has suggested founding a third political party. But would it succeed?

Convinced that his vision for the future of artificial intelligence was superior to that of OpenAI head Sam Altman and former Google chief executive Larry Page, Elon Musk cut ties with Page and parted ways with OpenAI, which he helped found in 2015.

In the heat of the dispute, he floated the idea earlier this month of forming a third party to fix what he sees as a broken electoral system.

“Is it time to create a new political party in America that actually represents the 80% in the middle?,” he asked his 230 million followers on X, the social media platform he owns. Around 80 per cent of respondents voted yes.

Musk reacted by sharing a potential name: “the American Party”.