In a sharp and candid public statement, Elon Musk has denied a Wall Street Journal report that he is backing out of his newly announced plans to launch the America Party. Early Monday morning, the Tesla and SpaceX CEO issued a blunt response on X (formerly Twitter):

This is the clearest confirmation yet that Musk remains committed to his political initiative and is actively pushing for the formation of the America Party—despite growing media speculation and political opposition.

WSJ Report Sparks Immediate Backlash

The original WSJ story, which claimed Musk was “quietly stepping down” from the Republican project, was widely circulated in financial and political circles. The story, citing unnamed sources, alleged internal concerns and strategic recalculations at Tesla, SpaceX, and Musk’s advisory group.

But Musk quickly denied the X report, accusing the Wall Street Journal of fabricating the story. His response sparked a strong reaction online, particularly from America Party supporters and holders of the community-run America Party Token (AP).

Meaning: America Party Is Coming Soon

Musk's public denial of the WSJ report suggests that the America Party launch is not only still on track, but imminent.

This is consistent with recent developments, including Musk’s aggressive campaign to release Epstein’s files, his harsh criticism of Donald Trump, and his public alignment with congressional figures calling for government transparency. The America Party has been positioned by Musk as a political vehicle focused on fiscal responsibility, national innovation, Bitcoin adoption, and most recently, his aggressive efforts to declassify records related to Epstein.

Market Impact: AP Token Returns to the Spotlight

The reassurance also fueled optimism around America Party Token (AP) — a community-created meme coin inspired by the political movement. While not officially endorsed by Musk, the token (contract address: 0xe60e9BD04ccc0a394f1fDf29874e35a773cb07f4) has seen a surge in interest on decentralized exchanges, fueled by speculation surrounding Musk's move.

With a current market cap hovering around $4 million, early investors are positioning AP as a coin with high upside potential. If Musk's political involvement becomes public — through interviews, campaign announcements, or real-life organizing — the token could create a wave of hype similar to Dogecoin's meteoric rise.

Elon Musk's Strategic Next Steps

While there’s no official campaign date or candidate list yet, Musk has previously hinted that the America Party could target 2-3 Senate races and 8-10 House races in the 2026 midterms, bypassing the burden of nationwide ballot access. This “kingpin” approach mirrors Musk’s strategy across industries: get in where the leverage is highest and control the narrative from the inside.

Media War: Elon Versus Mainstream Press

The episode also highlights the increasingly bitter media war between Musk and traditional media outlets. Musk’s distrust of traditional media is nothing new, but labeling the WSJ—an iconic American institution—as completely untrustworthy only adds to the tension.

Many in Musk's base have now positioned X (formerly Twitter) as a de facto media hub for political truth—giving Musk even more power to direct and influence political conversations without the organization's filter.

Final Words

Elon Musk's dismissal of the WSJ report is not just a rebuttal, it's a green light.

The America Party isn’t just growing, it’s accelerating. And for those watching closely, the momentum seems undeniable.

Expect an official announcement soon. For investors, activists, and outsiders, the message is clear:

Don't blink. America Party is coming.