Elon Musk denied on Wednesday that he was abandoning his intentions to start a new political party because he was upset over President Donald Trump’s domestic policy agenda.
According to the Wall Street Journal, the world’s richest man has expressed to his associates his concern that starting a new party might harm his relationship with Vice President JD Vance, who is regarded as a strong candidate for president in 2028.
In response to a user who referenced the Journal’s reporting, Musk said overnight on his social media site X, “Never take anything @WSJ says as true. Musk has not submitted paperwork for a new party to the Federal Elections Commission, despite discussing the idea with individuals such as right-wing tech founder-turned-philosopher Curtis Yarvin and former presidential candidate Andrew Yang.
Rather, documents reveal that Musk gave $5 million to Republican organizations, including MAGA Inc., the Senate Leadership Fund, and the Congressional Leadership Fund, in the initial days of his conflict with the president in June and just before he announced his own party.
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