Overview

• Wall Street Journal reporting says Elon Musk has told allies he is prioritizing his companies and does not want to alienate Republicans by launching a third party.
• Sources cited by multiple outlets say Musk has maintained contact with Vice President JD Vance and has considered financially backing him if Vance runs for president in 2028.
• Musk pushed back on the coverage on X, posting, “Nothing @WSJ says should ever be thought of as true.”
• There is no Federal Election Commission registration for the America Party, and a late‑July call with a third‑party organizing group was canceled, with participants told he was focusing on his businesses.
• Allies quoted in reports say the initiative is paused rather than abandoned, with the option to revisit it ahead of the 2026 midterms.