🔴Billionaire Elon Musk quietly slows down his plans to launch a new political party, indicating to those close to him that he wants to focus on his companies, according to a report by the Wall Street Journal.

📌Musk, without commenting further on the report, wrote in a post on the X platform: "Nothing that the Wall Street Journal says should ever be considered true."

📌Musk, the richest man in the world, announced in July the establishment of the "America" party after a public dispute with President Donald Trump over a tax and spending cut bill.

📌The newspaper added that Musk has recently focused, in part, on maintaining his relationships with Vice President J.D. Vance, and has acknowledged to those close to him that starting a political party could harm his relationship with Vance.