Elon Musk in major U-turn as he plans to back JD Vance for president
The billionaire has backtracked on plans to launch his own party and could instead use his vast wealth to help propel Donald Trump's VP into the White House.
By Eleanor Burleigh
14:39, Wed, Aug 20, 2025
Elon Musk is reportedly rethinking his plans to launch a third US political party in favour of putting his billions behind JD Vance in the next presidential race. The world's richest man announced his intention of turning US politics on its head through his 'America Party' following a public spat with Donald Trump in which he accused the president of being "in the Epstein files". However, Musk has since decided the move would risk alienating the Republican contacts he gained during his brief stint in Trump's administration and is instead planning to take a backseat role in the 2028 election, according to The Wall Street Journal.
The billionaire SpaceX owner began his well-publicised foray into US politics by donating almost $300 million to Trump's campaign last year, but a 'bromance' between the pair imploded in June after Musk labelled Trump's tax and spending bill "a disgusting abomination". He could now join the ranks of tech figures putting their financial heft behind Vice President JD Vance as Trump's successor, reports suggest, with Roku CEO Anthony Wood and Palantir CEO Peter Thiel among those already behind the White House hopeful.
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https://www.express.co.uk/news/world/2097850/elon-musk-u-turn-jd-vance-president
