Tech billionaire Elon Musk has launched the “America Party” to challenge the Republican/Democrat two-party system, while President Trump has dismissed the idea as a “train

Elon Musk has said that he’s formed a new political party, but it’s unclear what steps — if any — he’s taken to do so, or how the effort might affect upcoming elections. Musk has not yet released any additional information. Spokespeople for Musk and his political action committee, America PAC, didn’t immediately comment Monday.