Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Elon Musk halts plans for new political party, prioritizing business instead: report

by admin August 21, 2025
August 21, 2025
Elon Musk halts plans for new political party, prioritizing business instead: report

Less than three months after its launch, Elon Musk’s ‘America Party’ appears to have been shelved.

Musk allegedly told associates that he wants to focus on his companies and avoid starting a party that could siphon voters from the GOP, the The Wall Street Journal reported, citing people familiar with his plans.

Musk has also allegedly worked to maintain ties with Vice President JD Vance, considered the heir apparent to the MAGA movement, according to WSJ. The outlet added that the tech billionaire reportedly told associates he was concerned that forming a new political party would damage his relationship with the vice president.

While the plan is paused at the moment, Musk’s allies told WSJ that he has not formally ruled out launching the America Party and could revisit the idea as the 2026 midterms approach.

After spending months working with the Department of Government Efficiency, Musk’s time at the Trump White House came to an end on May 30. Though they appeared on good terms, President Donald Trump and the tech billionaire began trading barbs almost immediately.

A few days after leaving the administration, Musk posted on X — the social media platform he owns — criticizing legislation the Trump White House was promoting.

‘I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it,’ Musk wrote.

His criticism continued, including memes and jabs aimed at the administration. Musk stayed firm in his opposition to the bill, citing the amount of spending as his reason for objecting to it.

On June 5, Musk posed a question — and a poll — to his followers: Should there be a new political party? The next day, he announced that ‘the people have spoken. A new political party is needed in America to represent the 80% in the middle!’

Musk asked a similar question nearly a month later, on July 4, the day Trump signed the ‘big, beautiful bill.’

‘Independence Day is the perfect time to ask if you want independence from the two-party (some would say uniparty) system! Should we create the America Party?’ Musk included another poll with his post. In the end, 65.4% of respondents voted ‘yes,’ while 34.6% voted ‘no,’ showing a drastic change from his June poll in which 80.4% voted ‘yes.’

Musk announced the next day that ‘the America Party is formed to give you back your freedom.’

‘I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,’ Trump wrote on Truth Social on July 6. ‘He even wants to start a third political party, despite the fact that they have never succeeded in the United States – The system seems not designed for them.’

However, the feud between the two appears to have cooled. The social media spats have stopped, and in late July Trump appeared to wish Musk well, writing on Truth Social that he wanted to see the tech billionaire’s businesses ‘thrive like never before.’

‘Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large-scale subsidies he receives from the U.S. government. This is not so! I want Elon, and all businesses within our country, to THRIVE, in fact, THRIVE like never before! The better they do, the better the USA does, and that’s good for all of us,’ Trump wrote.

A spokesperson for Musk did not respond to a request for comment.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Ukraine’s stolen children crisis looms large as NATO meets on Russia’s war
next post
Walmart boosts sales outlook as it says tariff costs are rising

Related Posts

Biden’s Cabinet has few words about Biden fitness...

June 30, 2024

Trump unfurls plans for double 100-foot flagpoles during...

April 24, 2025

Armenia and Azerbaijan leaders seek to ease Russian...

August 15, 2025

Trump says ‘big, beautiful’ bill ‘must’ meet deadline...

June 28, 2025

Farm state Republicans appear skeptical about RFK amid...

December 18, 2024

Libertarians select Chase Oliver as presidential nominee, very...

May 28, 2024

North Korea breaks silence on Trump’s return, sends...

July 30, 2025

Trump says Biden ‘will be the nominee’ amid...

June 29, 2024

Zelenskyy says Trump could be ‘decisive’ in bringing...

January 4, 2025

Fiscal hawks seek millions for home district projects...

August 12, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

      September 10, 2025
    • Trump directed envoy to warn Qatar ahead of ‘unfortunate’ Israeli strike, White House says

      September 10, 2025
    • Schumer-linked PAC accuses senator of stock ‘greed,’ but financial disclosure contradicts claim

      September 10, 2025
    • Jury pool shrinks as Ryan Routh trial unfolds in Florida on Day 2

      September 10, 2025
    • Dem crime policies crippling cities even in Red states as crackdown intensifies, White House warns

      September 10, 2025

    Categories

    • Business (1,103)
    • Investing (3,005)
    • Politics (3,672)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved