Elon Musk marked the holiday weekend with a splashy announcement: he’s forming a new political party out of what he says is growing frustration with both Republicans and Democrats.It’s the sort of declaration that tends to grab headlines—especially when it comes from one of the world’s richest men. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } Join now to continue reading.Members get exclusive analysis, bonus features and no advertising. Learn more.If you’re already a member, sign in to your account.