Musk’s plan can only work if he learns from the most successful political disruptors, including Donald Trump on the right and Bernie Sanders on the left.

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.

The tech billionaire says a new party is needed to break up what he calls a "uniparty" system that features Republicans and Democrats.