A political party proposed by tech billionaire Elon Musk is now being mothballed as he looks to preserve the GOP voter base and focus more on his companies, according to a report in the Wall Street Journal.
In late June, during a feud with President Donald Trump, Musk called for a new political party “that cares about the people.”
In July, Musk then announced “the America Party“, which he hoped would appeal to voters disillusioned by Democrats and Republicans. But sources close to Musk now say he is “quietly pumping the brakes” on the new political party, per the WSJ.
According to the newspaper, Mark Cuban, a billionaire and a past supporter of the idea, hasn’t spoken to Musk about the party in months. Furthermore, Musk’s own political advisors have not talked to him about the party, either
Musk is reportedly “reluctant to alienate powerful Republicans” by starting his party, hoping to stay in the good graces of the Republican Party. In addition, Musk is not looking to “siphon” voters away from the GOP in the 2026 midterm elections.
Since the summer feud between Musk and Trump, Vice President JD Vance has made overtures aimed at bringing the Tesla CEO back into the MAGA movement, despite a “complicated relationship with the White House.”
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“I really think it’s a mistake for him to break from the president,” Vance said in an interview with the far-right website Gateway Pundit. “So my hope is that by the time of the midterms, he’s kind of come back into the fold. But I don’t know if he would take my call right now.” Vance added that he hoped that Musk’s return would bring “things back to normal.”
Vance acknowledged that Musk “did help us a lot” in getting Trump elected president in 2024. Indeed, Musk spent over $250 million on efforts to elect Trump, becoming an early heavy-hitter in the administration by heading the controversial Department of Government Efficiency, or DOGE, overseeing cuts in foreign aid that may have already resulted in thousands of deaths.
