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