Elon Musk quickly dismissed a recent report from the Wall Street Journal claiming that he was 'halting the effort to launch a new party.' In a post on X, Musk stated that no one should ever take as truth what the WSJ says.
The report suggested that Musk was distancing himself from the America Party in favor of supporting Vice President JD Vance, who is seen as a leading figure for the Republican candidacy in 2028.
However, Musk indicated that he has not made such a decision and that his stance on creating an independent movement remains firm. Meanwhile, sources close to Elon Musk also clarified that he has not made any definitive decision regarding his political future.
While it is true that Musk had been in talks with JD Vance in recent weeks, discussions about Vance's presidential candidacy in 2028 reportedly did not revolve around Musk's potential support. Instead, Elon Musk has focused on his businesses, such as Tesla, which is booming thanks to BTC profits, leading him to cancel a call with a group specializing in third-party campaigns in late July.
Elon Musk has openly expressed his discontent with the two major political parties in the United States. In response to what he calls 'waste and corruption,' Elon Musk proposed the formation of the America Party, which would focus on reducing public spending and adopting Bitcoin as a financial standard.
He argued that the current political system no longer represents the needs of the people and sought to create a platform that challenged the status quo.
Although recent reports suggest that Musk has changed course, his commitment to the idea of a political platform backed by Bitcoin remains intact. Musk proposes using Bitcoin as a solution to what he considers the shortcomings of fiat currencies, which has generated a lot of attention.
However, despite recent reports, Musk's relationship with J.D. Vance has not led to any significant change in his political ambitions. Vance, the current vice president, has expressed hope that Musk will rejoin the Republican side, especially in time for the 2026 midterm elections.
