Mark Cuban says Elon Musk's new political party is 'really smart' in a key way

Mark Cuban said the focus of Elon Musk's America Party is "really smart."Julia Beverly/WireImage via Getty Images; Kenny Holston/Pool via Getty ImagesMark Cuban said that Elon Musk's new political party is smart to focus on a few congressional races.Cuban doesn't trust Musk is forming it because he's a "good guy," but said it could still be useful.Politicians and everyday Americans alike aren't dismissing Musk's plan.Mark Cuban isn't happy with the current political stalemate — and thinks Elon Musk could help the country get out of it.Cuban addressed his decision to try to help get Musk's America Party on the ballot on an episode of the podcast "Pod Save America" that aired on July 13, saying the current two-party system does not serve Americans. Musk has said that the America Party will focus on a few key House and Senate seats that could serve as the "deciding vote" on "contentious laws.""That's how Elon thinks. He looks for leverage. And there's absolute leverage in making sure that the two incumbent parties don't have enough power to pass anything," Cuban said on the podcast. "And so that's smart. That is really smart."He said the move could enable politicians to "evaluate" bills more thoughtfully. Cuban backed former Vice President Kamala Harris during the 2024 election, but criticized Democrats' political messaging on the podcast."Does it mean just because it's Elon, it must be wrong or right? No. But until we find out details, why are we jumping to conclusions?" Cuban said. He also said he doesn't believe Musk is forming the party just because he's a "good guy."It's not the first time Cuban has tepidly supported Musk's effort at a third party, even though the two billionaires more typically spar online. When Musk first floated the idea for the party in a poll on X in June, Cuban responded with three check marks. He got blowback from some social media users for saying he'd help the America Party get on the ballot.Musk has said that the America Party will serve the "80% in the middle" and break the deadlock that largely defines the current two-party system. Cuban isn't the only person taking the world's richest man seriously — the chair of the Democratic National Committee said it shouldn't be "taken lightly," and Tesla shares fell sharply after he launched the party.Read the original article on Business Insider

Comments

Business News

Watchdogs insist reducing regulation will not increase risk of financial crisis

Evening Standard

Comments

Similar News

Mark Zuckerberg says AI researchers want 2 things apart from money

Mark Cuban rips Zohran Mamdani’s pledges to freeze rent, make groceries cheap: ‘None of that s–t has a chance’

Thousands of vehicles sit idle at EU port as Trump’s tariffs leave their mark

'Amy Bradley Is Missing' Co-Director Ari Mark Discusses Process Of Creating True Crime Documentaries & Working With Families Of Subjects

Mark Cuban says some of NYC mayoral candidate Zohran Mamdani's key policies don't 'have a chance'

Mark Zuckerberg’s Meta to invest hundreds of billions on data centers after poaching top AI talent

Alanis Morissette Marks A Career First As Several Albums Debut

Mark Zuckerberg’s Threads close to surpassing Elon Musk’s X in daily users, data show

Mark Zuckerberg’s Meta pays ‘tens of millions of dollars’ to poach top Apple AI exec — adding to murderers’ row of new hires

How business leaders like Jeff Bezos and Mark Cuban feel about work-life balance

Born into crisis, gen Z is saving for retirement like no other generation | Gene Marks

Elon Musk says he's formed the 'America Party.' Mark Cuban and Anthony Scaramucci are interested.

Will Mark Zuckerberg’s Trump gamble pay off?

Mark Zuckerberg is spending megabucks on an AI hiring spree

Marks & Spencer 'lost control' of staff discounts

Business News

Watchdogs insist reducing regulation will not increase risk of financial crisis

Brand Wimbledon serves a masterclass in building long-term global identity

Housebuilders’ £100m offer after probe ‘definitely looks dodgy’, Parliament told

Meta shareholders look to haul CEO Mark Zuckerberg, Sheryl Sandberg to court over 2012 scandal

Google to invest $25B in AI data centers across largest US electric grid over next 2 years

Elon Musk’s Tesla loses top North American sales executive in latest senior departure: report

Apple inks $500M deal with US-based rare-earth mine operator MP Materials

Texas Gov. Greg Abbott won’t release ‘intimate’ and ‘embarrassing’ emails with Elon Musk

Nearly 1,000 users report apparent X outage

Watchdogs insist reducing regulation will not increase risk of financial crisis

FTSE 100 falls back after passing 9,000 milestone

FTSE 100 falls back after passing 9,000 milestone

No extra money to cover resident doctor strikes, NHS trust leaders warn

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Most believe AI helps small businesses compete with larger firms

Savers to be offered deals that could see them more than quadruple their wealth

Offshore wind farms to be allowed to apply for contracts before planning consent

Offshore wind farms to be allowed to apply for contracts before planning consent

Mark Cuban rips Zohran Mamdani’s pledges to freeze rent, make groceries cheap: ‘None of that s–t has a chance’

What would a wealth tax mean for Britain? Ask Chris Blackhurst anything

Key points from Rachel Reeves’s Leeds reforms

Vote in our Independent Money poll: How confident are you in investing?

Thames Water still in ‘crisis mode’ as turnaround set to take a decade

OBR boss denies forecast drove welfare cut proposals

No extra money to cover resident doctor strikes, NHS trust leaders warn

US tariff of 30% on EU could ‘stop trade as we know it’ – Irish foreign minister

No extra money to cover resident doctor strikes, NHS trust leaders warn

Thames Water still in ‘crisis mode’ as turnaround set to take a decade

US tariff of 30% on EU could ‘stop trade as we know it’ – Irish foreign minister

JP Morgan posts strong 2nd quarter numbers; Dimon warns of tariff, geopolitical risk

US inflation heats up to 2.7% — a possible sign that Trump tariffs have begun to sting

Port of Los Angeles sees record container traffic as importers sprint to beat Trump tariff deadlines

Nvidia CEO Jensen Huang can resume AI chip sales to China after meeting with Trump: ‘Monster win’

Are you an overspender or excessive saver? You might have ‘money dysmorphia’

Biggest financial reforms ‘in a decade’ to bring risk-taking back into City

Biggest financial reforms ‘in a decade’ to bring risk-taking back into City

Reeves sets out sweeping reforms to financial sector in search for growth

US tariff of 30% on EU could ‘stop trade as we know it’ – Irish foreign minister

US tariff of 30% on EU could ‘stop trade as we know it’ – Irish foreign minister

From an L.A. parking lot to a $1 billion deal — the red-hot success story of Dave's Hot Chicken

JPMorgan’s Jamie Dimon warns of ‘significant risks’ to US economy over Trump trade policies

Biggest financial reforms ‘in a decade’ to bring risk-taking back into City

Reeves sets out sweeping reforms to financial sector in search for growth

FTSE 100 touches above 9,000 for the first time

Want to grow faster? It might be time to replace yourself

Robert Walters cuts headcount further amid increased uncertainty

Rachel Reeves hails ‘instant impact’ of new mortgage reforms for first-time buyers

Robert Walters cuts headcount further amid increased uncertainty

FTSE 100 touches above 9,000 for the first time

Reeves sets out sweeping reforms to financial sector in search for growth

Reeves hails ‘instant impact’ for aspiring homeowners as red tape is cut

Thames Water boss receives £1m despite doubling in "serious" pollution

Thames Water sinks to £1.6bn loss as debt mountain balloons

Bank of England to ease rules for smaller and mid-sized banks

Thames Water sinks to £1.6bn loss as debt mountain balloons

Bank of England to ease rules for smaller and mid-sized banks

Nissan to close its Oppama plant in Japan to cut costs

Asian shares mostly finish higher although worries continue over Trump's tariffs

U.S. inflation may have worsened last month as Trump's tariffs start to bite

Thames Water turnaround will take 'at least a decade', boss warns