Billionaire Elon Musk is reportedly pressing pause on plans to launch a new 'America Party', opting instead to back Republican vice‑president JD Vance for a possible 2028 presidential bid. Musk, who heads Tesla and X, told associates he would rather focus on his companies than siphon votes from Republican allies, according to a Wall Street Journal report summarised by Newsweek. The move signals a potential thaw in relations between Musk and Donald Trump, after the pair clashed earlier this year.
Newsweek's account, citing sources close to Musk, says the tech mogul fears founding a third party would damage his relationship with Vance and derail his influence within the GOP. Musk reportedly believes Vance will inherit the Make America Great Again (MAGA) movement once Trump finishes his second term and is prepared to finance the vice‑president's White House run.
