❓WHAT HAPPENED: Elon Musk appears to have paused plans to launch a political party to challenge President Donald J. Trump and the GOP ahead of the 2026 midterms.
👤WHO WAS INVOLVED: Elon Musk, President Trump, Vice President J.D. Vance, Andrew Yang, Mark Cuban, and Libertarian National Committee chairman Steven Nekhaila.
📍WHEN & WHERE: Recent weeks, with new developments reported by The Wall Street Journal.
💬KEY QUOTE: “It doesn’t seem like anything has been in action, neither at the state level or at the ground level,” Nekhaila said of Musk’s proposed ‘America Party.’
🎯IMPACT: Musk may shift focus back to his companies and rebuild ties with Republican leaders, particularly Vice President Vance, ahead of his possible 2028 presidential run.
Former Department of Government Efficiency (DOGE) frontman Elon Musk appears to be reaching for a rapprochement with President Donald J. Trump, with public outbursts against the America First leader dwindling and public support for his federalization of law enforcement in Washington, D.C. A Wall Street Journal report suggests Musk has also scaled back plans to form an ‘America Party’ to challenge Trump and the GOP in the 2026 midterms, focusing on building ties with Vice President J.D. Vance ahead of a possible presidential run in 2028.
The WSJ reports that Musk is considering backing Vance’s potential 2028 run financially, having already spent nearly $300 million in support of Trump and other Republicans in 2024. Despite this, and a prominent public-facing role in the early days of Trump’s second administration, the pair fell out over the One Big, Beautiful Bill Act, aimed at expanding U.S. Immigration and Customs Enforcement (ICE) and cutting taxes for American workers, with Musk complaining it would increase the deficit.
Musk has acknowledged that forming a third party “would damage his relationship with the Vice President,” according to the WSJ. Steven Nekhaila, chairman of the Libertarian National Committee, laments that Musk’s team has shown “eerie silence” on the America Party, with no activity at either the state or ground level. Meetings with third-party organizers, including former Democratic presidential candidate Andrew Yang and Democrat donor Mark Cuban, were reportedly canceled.
Vance recently said that his it was “a mistake for [Musk] to try to break from the President,” expressing his “hope… that by the time of the midterms, he’s kind of come back into the fold.” Notably, Musk’s popularity cratered after he turned on President Trump, with his previous support for the MAGA kingpin having already damaged his standing with liberals.
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