Following Elon Musk’s announcement of forming a new political party, the “America Party,” U.S. Treasury Secretary Scott Besant advised Musk to step away from politics and focus on managing Tesla and SpaceX. Besant warned that Musk’s political ambitions may conflict with his corporate responsibilities and board expectations. In response to Musk’s political move, Azoria Partners has already suspended a joint investment project. Musk said the new party aims to challenge the entrenched two-party system.