Here's what it would take for Elon Musk to launch a third-party effort to represent what he called "the 80% in the middle."

Musk said he wants to form the America Party. A third party has never won the presidency, but they have influenced elections, experts say — mostly as spoilers.

As per a document circulating on social media, the "America Party (AMEP)" had registered with the FEC on July 6 under Filing FEC-1898441 and FEC Committee ID-C00910323. The filing mentioned the candidate's name as Elon Reeve Musk and Vaibhav Taneja, Tesla's chief financial officer, as AMEP's treasurer and custodian of records.