TransDigm may be little known to the public at large, but the company has attracted attention in the halls of Congress.

In 1992, the billionaire was H. Ross Perot, and his vehicle for attacking the incumbent president, George H. W. Bush, was ...

If you’re old enough, you’ve seen this movie: An eccentric billionaire, full of bile and nursing grudges against the incumbent Republican president, wants to create a third major political party and ...

The cycle of rich guys trying to form third parties has been a constant in this country. Musk’s proposed effort would likely meet the same fate.