Elon Musk is slowly giving up the creation of a probitcoin “American party”. In three years he is to support JD Vance.
Elon Musk no longer wants to have his party
Musk was to set up his probitcoin party that would hit Donald Trump and take the electorate of the Republican Party. The assumption was that the group’s candidates were to fight for seats in complementary elections for Congress, so that the head of Tesla had an impact on US policy.
The new reports suggest that Musk wants to focus on his business and maintain good relations with the vice president of JD Vance, who is to be in just over three years a presidential candidate for president. In addition, Donald Trump’s right hand was to suggest financial support during the 2028 campaign.
If this is true, the Republicans would have a problem with their heads, because the Muska party could take a few seats necessary to govern, let’s add.
Conflict with Trump
The plant on the PolyMarket platform suggests that users expect the victory of the Republican Party in the Senate, and Democrats in the House of Representatives. It is a complementary election in 2026, which are crucial because the success of the Democratic Party in the lower chamber will impede Trump.
The very idea of a technological tycoon to establish a party was the fruit of his dispute with President Donald Trump. According to Musk, it was officially harmful to the USA (One Big Beautiful Bill Act), but in practice that the government decided to eliminate subsidies for electric cars, which hit Tesla.
Musk attacked the voting of One Big Beautiful Bill Act for the fact that this law destroys his work in the Department of Government Efficiency, which aimed to reduce government expenditure in order to reduce US public debt.
There are many indications that Muska was “straightened” by Tesla’s shareholders, who were not satisfied with his idea of getting involved in politics and setting up a new party. The share price dropped by more than 20% while the businessman conducted a survey in June about the creation of the group.
