Tech billionaire Elon Musk has reportedly paused plans to form the “America Party” to focus on his companies and maintain ties with Vice President JD Vance, a potential 2028 Republican presidential contender, per The Wall Street Journal. Musk’s decision stems from concerns that a new party could split Republican votes, weakening their 2026 midterm election chances. The move follows a feud with President Trump over a $3.3 trillion spending bill. Polymarket polls predict a Republican Senate win and Vance as the 2028 GOP nominee favorite.