Musk's party will apparently speak for moderates who are fed up with the two main parties . | Credit: Bloomberg / "Another angry billionaire wants his own political party," said Tom Nichols in The Atlantic.

There’s more to launching a third party than posting about it on social media. But Musk can still "disrupt" America’s partisan status quo.

"When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk said in the announcement.