logo
Elon Musk is threatening to put third-party candidates on the ballot. Democrats are giddy.

Elon Musk is threatening to put third-party candidates on the ballot. Democrats are giddy.

Yahoo8 hours ago
Elon Musk is promising to shake up the midterms with his own political party. Democrats aren't sweating it.
Musk's yet-unfulfilled plans to form an 'America Party' could threaten Republicans already fighting to defend their seats by razor-thin margins in next year's midterms elections, Democrats argued, by siphoning off more disgruntled conservatives from Republicans than disaffected liberals from the Democrats.
'I think it leads to a better position for Democrats in what I think was already a pretty good position going into 2026,' Michigan Democratic Party Chair Curtis Hertel said.
Musk was one of President Donald Trump's biggest benefactors in the 2024 election, spending hundreds of millions to help get him and other Republicans elected. But since his break with the president, Musk has publicly called for primary challengers to Republicans who voted for the One Big Beautiful Bill Act in addition to promising to launch his own third party.
Democrats and Republicans have long complained about the spoiler effect of third parties — like the Greens or Libertarians — in close battleground races. But neither of those parties have been able to muster resources like Musk's.
And new polling this week from Marquette University Law School found that 40 percent of Republicans say they would be somewhat or very likely to support an America Party candidate in their state or congressional district, as opposed to just one in four Democrats.
Christina Bohannan, an Iowa Democrat who is challenging Rep. Mariannette Miller-Meeks (R-Iowa) for the third time next year, said adding another candidate into the mix could play a potentially decisive role in the rematch.
'This race was so close in 2024 — it came down to just 799 votes out of 413,000, and so it was literally one of the very closest races in the country,' Bohannan said. 'So anything that alters the shape of the race in terms of third-party candidates could have an impact.'
The party, which Musk has not yet taken major formal steps to establish, still faces several procedural and strategic hurdles. But should he go through with it, the former Department of Government Efficiency chief suggested his party could 'laser-focus' on two to three Senate seats and eight to 10 House districts to give the third party a sizable enough presence to exercise influence over contentious legislation.
Because of that narrow mandate — and Musk's particular focus on hitting Republicans on fiscal irresponsibility — the third-party bid could be a vulnerability for the GOP, said Heath Mayo, an anti-Trump conservative activist and founder of the advocacy group Principles First.
'My first reaction was, it seems pretty confined in substance,' Mayo said. 'And because of that, I think it pulls some of the following that he has that has sort of found its way into the Republican Party base.'
Musk did not respond to a request for comment sent via email.
Voters regularly overstate how likely they are to vote or join a third party. But recent polling suggests Americans are at least theoretically open to it.
While nearly half of voters say they would consider joining a third party, only 17 percent are interested in joining a Musk-led option, according to polling from Quinnipiac University from earlier this month. But that party could pull disproportionately from the GOP, per the survey, which found that nearly three times as many Republicans as Democrats would consider joining Musk's proposed third party.
Barrett Marson, a Republican political strategist in Arizona, cautioned that a libertarian-minded candidate backed by Musk could attract support from either direction, putting Democrats in battleground districts at risk too.
'If anyone can be a spoiler or at least put up a candidate who has a chance to in either direction, it's Elon Musk, because he has the drive and financial wherewithal to match it,' Marson said.
Still, Musk's ability to successfully field third-party bids will be highly dependent on the particular districts he targets and the candidates he puts on the ballot, said Charlie Gerow, a Pennsylvania-based GOP operative.
'Elon Musk's money is enough to sway a significant number of elections,' Gerow said. 'But you have to look at the individual candidates and the message they run on. There's a lot of factors that will play into whether or not he's successful. I think at this stage it's hard to predict the outcome when we don't really know what he's going to do.'
Even if Musk fails to get candidates on the ballot, his bad blood with Trump will be sorely felt by Republicans, who benefited massively from his largesse in 2024.
Ultimately, Democrats are still confident the effort would more than likely play out to their benefit should it come to fruition, said Georgia Democratic Party Chair Charlie Bailey, who is gearing up for one of the most competitive Senate races next year.
'I think if something has Elon Musk's branding on it, that you're not going to attract Democrats, and you're not going to attract many independents,' Bailey said. 'I think if it's got Elon Musk branding, you're likely to attract the vast majority of right-wing Republicans, so I don't think those voters are probably that gettable for us anyway.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

International Business Machines Corporation (IBM): Don't Abandon The Stock, Warns Jim Cramer
International Business Machines Corporation (IBM): Don't Abandon The Stock, Warns Jim Cramer

Yahoo

time7 minutes ago

  • Yahoo

International Business Machines Corporation (IBM): Don't Abandon The Stock, Warns Jim Cramer

We recently published . International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed. International Business Machines Corporation (NYSE:IBM) is one of Cramer's favorite technology stocks. Throughout this year, the CNBC TV host has expressed optimism about the firm's CEO and the firm's consistency in winning contracts for its enterprise computing business. International Business Machines Corporation (NYSE:IBM)'s shares fell by 7.6% after the firm's latest earnings report saw software revenue of $7.39 billion miss analyst estimates of $7.43 billion. Cramer discussed the earnings report: 'Most of the news is good this morning, IBM. I still think not as bad, uh, Chipotle we have to talk about. Copyright: believeinme33 / 123RF Stock Photo Previously, he discussed potential future International Business Machines Corporation (NYSE:IBM) share price movement: 'Oh, I like IBM very much. I mentioned Ben Wright earlier. I think that Ben, he's really turned me on to this stock. We did a very positive piece about it. I think it goes, I'm going to say not much higher but creeping higher over time, and that's actually a great place to be. So I like IBM.' While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Blackstone Inc. (BX)'s CEO Said Some Great Stuff Recently, Says Jim Cramer
Blackstone Inc. (BX)'s CEO Said Some Great Stuff Recently, Says Jim Cramer

Yahoo

time7 minutes ago

  • Yahoo

Blackstone Inc. (BX)'s CEO Said Some Great Stuff Recently, Says Jim Cramer

We recently published . Blackstone Inc. (NYSE:BX) is one of the stocks Jim Cramer recently discussed. Blackstone Inc. (NYSE:BX) is an alternative asset manager whose shares have gained a modest 2.5% year-to-date. The stock has gained primarily due to the firm taking advantage of the growth in deal making in 2025 and making large acquisitions such as that of TXNM, an electricity provider in Mexico and Texas. Previously, Cramer has commented that he likes Blackstone, and this time, he commented on the firm's CEO commenting that he was seeing the biggest forward IPO pipeline in four years: '[On CEO saying biggest forward IPO pipeline in four years, the dealmaking pause was behind the firm] It was very good. Jonathan Gray was very good this morning. He also said great stuff about data centers.' Source:pixabay After word spread about Blackstone Inc. (NYSE:BX) acquiring TXNM, here's what Cramer said: 'We know Blackstone has a lot of data centers. We know TXNM is in the area with a lot of data centers. I still think this is motivated by the need to have cheap power. Although remember, they are not a generator. While we acknowledge the potential of BX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Dover Corporation (DOV) Had An 'Unbelievable' Quarter, Says Jim Cramer
Dover Corporation (DOV) Had An 'Unbelievable' Quarter, Says Jim Cramer

Yahoo

time7 minutes ago

  • Yahoo

Dover Corporation (DOV) Had An 'Unbelievable' Quarter, Says Jim Cramer

We recently published . Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer recently discussed. Dover Corporation (NYSE:DOV) is an industrial machinery company. Cramer's comments about the firm came in the context of industrial stocks and Honeywell's share price movement after its latest earnings. Honeywell shares dropped as investors wondered whether the firm would experience business health in 2025, and Dover Corporation (NYSE:DOV)'s shares dropped by 2.2% after the firm's second-quarter earnings. The stock fell despite a revenue and earnings beat, which led Cramer to criticize the sellers: 'And I'm going to throw in a third one. Dover. With another unbelievable quarter. Very big guide up. Stock is down. Whoever is selling these, things Carl, they're not trying to paint the tape. They just don't understand how stocks work. Because we have real major industrial companies that are doing incredibly well. And it's almost like if they're not merging, we don't want to own them, if they're not AI, we don't want to. own. They're other things worth owning. . . Dover's worth buying, right here. . . Dover, Honeywell beat and raise.' Cramer recently discussed Dover Corporation (NYSE:DOV)'s exposure to data centers. Here's what he said: 'No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President's going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks. . .You just want to own Dover which is a stock we own for the charitable trust, besides Eaton which is there. You want to be there again, because the building is continuing and I just feel like, wow it's a pretty good time.' While we acknowledge the potential of DOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store