Elon Musk has decided to pause his plans for launching a new political party as he considers supporting Vice President JD Vance in the upcoming 2028 presidential election. Musk, known for his leadership at Tesla and SpaceX, had previously suggested creating the “America Party” amid a public feud with Donald Trump regarding a significant bill in Congress. However, he is now hesitant to move forward with this idea, fearing it could create divisions within the Republican Party, especially with Vance in the spotlight.
Musk’s associates have indicated that he is contemplating financial support for Vance if he decides to run for president. This comes after Musk invested nearly $300 million in the 2024 election cycle, backing Trump and other Republican candidates. Recently, Trump himself has pointed to Vance as a strong contender for the GOP nomination in 2028, describing him as the “most likely” candidate at this stage.
In a recent statement, Trump praised Vance, mentioning that he is doing a great job as vice president and would likely be favored in the race. Vance has also shown a desire to mend fences with Musk, suggesting that the tech mogul should return to the Republican fold. He acknowledged the complicated relationship Musk has with the Trump administration and expressed hope that Musk would reconcile with the party by the time of the midterm elections.
Vance emphasized that Musk’s contributions were vital in the last election and expressed optimism that tensions would ease soon, allowing Musk to play a more unifying role within the party. As the political landscape continues to evolve, it remains to be seen how Musk’s decisions will impact the Republican Party and the upcoming presidential race.