Tesla CEO Elon Musk is stepping back from plans to launch a third political party, telling allies he wants to prioritize his companies and avoid alienating influential Republicans, The Wall Street Journal reported Tuesday.
According to the report, Musk is now considering channeling his financial clout into supporting U.S. Vice President JD Vance should he enter the 2028 presidential race.
Musk had unveiled his “America Party” in July, shortly after President Donald Trump signed a sweeping tax-and-spending bill into law—a move Musk fiercely opposed. Announcing the party on X, he declared, “Today, the America Party is formed to give you back your freedom,” vowing that a majority of Americans wanted a new political force.
But rather than running candidates nationwide, Musk pitched a narrower strategy: targeting two to three Senate seats and fewer than a dozen House races where tight margins could hand his party kingmaker status in Congress. “Even a handful of seats could provide decisive leverage,” Musk argued.
Public response to his political ambitions has been divided. Data from statistician Nate Silver shows 55% of Americans view Musk unfavorably, while 37% see him positively. Yet a Quantus Insights poll indicates that 40% of registered voters—including a notable bloc of Republicans—would consider backing Musk’s party over traditional candidates, with 14% “very likely” and 26% “somewhat likely.” Analysts suggest such support could disrupt conservative unity while drawing independents, reshaping the balance of power in Washington.
Incidentally, earlier this month, President Donald Trump named Vice President JD Vance as the "most likely" successor to carry forward his Make America Great Again (MAGA) movement, while also suggesting that Secretary of State Marco Rubio could play a significant role alongside him.
“Well, I think most likely. In all fairness, he’s the vice president,” Trump said in response to a question about who might lead the MAGA movement after him.
According to the report, Musk is now considering channeling his financial clout into supporting U.S. Vice President JD Vance should he enter the 2028 presidential race.
Musk had unveiled his “America Party” in July, shortly after President Donald Trump signed a sweeping tax-and-spending bill into law—a move Musk fiercely opposed. Announcing the party on X, he declared, “Today, the America Party is formed to give you back your freedom,” vowing that a majority of Americans wanted a new political force.
But rather than running candidates nationwide, Musk pitched a narrower strategy: targeting two to three Senate seats and fewer than a dozen House races where tight margins could hand his party kingmaker status in Congress. “Even a handful of seats could provide decisive leverage,” Musk argued.
Public response to his political ambitions has been divided. Data from statistician Nate Silver shows 55% of Americans view Musk unfavorably, while 37% see him positively. Yet a Quantus Insights poll indicates that 40% of registered voters—including a notable bloc of Republicans—would consider backing Musk’s party over traditional candidates, with 14% “very likely” and 26% “somewhat likely.” Analysts suggest such support could disrupt conservative unity while drawing independents, reshaping the balance of power in Washington.
Incidentally, earlier this month, President Donald Trump named Vice President JD Vance as the "most likely" successor to carry forward his Make America Great Again (MAGA) movement, while also suggesting that Secretary of State Marco Rubio could play a significant role alongside him.
“Well, I think most likely. In all fairness, he’s the vice president,” Trump said in response to a question about who might lead the MAGA movement after him.
