Elon Musk is reportedly putting the brakes on launching his new political party in order to maintain ties with prominent Republicans.

Elon Musk quietly put the brakes on plans to launch his own political party to avoid alienating JD Vance and to focus on his businesses, according to reports.

Earlier this year, after his high-profile falling-out with Donald Trump, Elon Musk mused about starting his own political third party, a distinct shift after the Tesla CEO poured hundreds of millions of dollars into Republican campaigns and causes.