Elon Musk is shelving plans to formally launch his �America Party,� wary of undercutting Republican allies in Washington � and particularly his growing relationship with Vice President JD Vance.

Musk, who floated the idea of a third party earlier this summer, has told associates he doesn�t want to risk fracturing the GOP�s base, according to the Wall Street Journal. The Tesla and SpaceX CEO has also signaled he�d rather stay focused on his businesses than mount an immediate political campaign.

The calculation reflects Musk�s interest in protecting his ties to Vance, widely seen inside the party as a leading contender to carry the MAGA movement into the 2028 presidential election. Musk has indicated to allies he would be prepared to back a Vance presidential bid financially. He poured nearly $300 million into Trump and GOP candidates during the 2024 cycle, a record-breaking investment that Republicans credit with helping secure Trump�s reelection.

Still, Musk has not closed the door on his �America Party.� Sources told the Journal that he may revisit the idea after the 2026 midterms, depending on how the political landscape looks in Congress.

Musk first floated the breakaway party during a high-profile spat with Trump over the �Big Beautiful Bill Act,� which Musk derided as a �disgusting abomination.� At the time, he proposed targeting a handful of Senate and House races to gain leverage in Washington.

Asked about the Journal�s reporting, Musk responded in characteristic fashion on X: �Nothing @WSJ says should ever be thought of as true.�

(YWN World Headquarters – NYC)