August 20, 2025 9:56 AM

Musk quietly puts brakes on plans for new political party, WSJ says

Billionaire Elon Musk is quietly putting the brakes on plans to start his new political party, telling allies he wants to focus on his companies, the Wall Street Journal said on Tuesday, citing people with knowledge of the plans. Musk unveiled the 'America Party' in July after a public dispute with President Donald Trump on the tax cut and spending bill. He has recently been focused in part on maintaining ties with Vice President JD Vance, the paper said, and has acknowledged to associates tha...