It comes after the billionaire announced plans to launch the America Party, following his rift with President Donald Trump.

Elon Musk’s idea of launching a third political party is already hitting roadblocks—especially in New York. Despite public interest in an alternative to Democrats and Republicans, a national poll shows 77% of voters wouldn’t join a Musk-led “America Party.

Elon Musk recently launched the America Party. By learning from Ross Perot's failed third party campaign in 1992, Musk's party could succeed.

LinkedIn cofounder and top Democratic donor Reid Hoffman said he's "very sympathetic" to Musk's core cause of reining in deficits.

Former DNC Chair Donna Brazile, former RNC Chair Reince Priebus, Neera Tanden from the "Center For American Progress," and National Review editor Ramesh Ponurru join ABC's Jon Karl on "This Week" roundtable.

Whitman thought her wealth could buy the governorship of California in 2010. Of her $1.5 billion net worth that year, she blew $177 million on her campaign. Rival Jerry Brown spent just $36 million and crushed her, 53.8% to 40.9%. Her 4.1 million votes cost $43 per vote. His 5.4 million votes cost just $7 per vote, one-sixth as much.