Breaking News! Breaking News! Breaking News! The party is in trouble! The Republican Party still stands! Musk previously said he wanted to establish a new political party in the United States, but now he has started to slow down. Musk has told his allies that he wants to focus on his companies and is unwilling to divert Republican voters by forming a third-party party. Musk has been trying to maintain contact with Vance, the potential successor of the MAGA political movement. (Wall Street Journal)

Musk previously announced the establishment of a new political party called "The America Party" in the United States, which drew widespread attention. This idea originated from his disagreement with Trump on the "Big and Beautiful" bill. Trump pushed for the passage of this bill, while Musk believed it would greatly increase the U.S. debt and harm his business interests. Therefore, he announced the formation of a party, aiming to gain seats in both the House of Representatives and the Senate in the 2026 midterm elections to counterbalance.

But now he has started to slow down and decided to put the plan on hold. From a personal effort perspective, he has multiple influential companies under his control, such as Tesla and SpaceX, which require him to invest a lot of energy in their operations and development. Party affairs would undoubtedly distract him, affecting company decisions and development. Moreover, a new political party might divert Republican voters, and he has been maintaining contact with Vance, the potential successor of the MAGA political movement, and has also donated to political action committees supporting the Republican Party. This indicates that he still values his relationship with the Republicans and does not want to disrupt the political landscape by forming a new party, leading to a loss of Republican votes and affecting his own political influence. Additionally, establishing a new political party faces many practical obstacles, such as limitations on fund usage and complex state election rules, which may have made Musk re-evaluate his party-building plan.

Original: www.toutiao.com/article/1840939098676232/

Statement: This article represents the views of the author himself.