The tech billionaire advised his followers on X to distrust the mainstream media publication.
Elon Musk has rejected a Wall Street Journal article asserting he is discreetly abandoning his intentions to establish an America Party. The publication reported that Musk had informed associates of his decision to prioritize his business ventures and avoid fragmenting Republican votes with a third-party attempt.
Musk had previously backed US President Donald Trump during the 2024 election cycle and briefly held a position as the director of the Department of Government Efficiency (DOGE) until a public disagreement arose concerning the president’s “Big Beautiful Bill” expenditure plan.
Following his resignation, he declared his intention to form his own political group aimed at contesting the established two-party system and putting forward candidates in the 2026 midterm elections.
However, on Tuesday, the WSJ reported claims that Musk had supposedly informed associates he would instead dedicate his efforts to his enterprises and prevent alienating Republicans by drawing away GOP votes.
In response to the report, Musk posted on X, stating that “nothing the WSJ states should ever be considered factual.” He refrained from directly addressing the publication’s allegations.
The WSJ further indicated that the billionaire has reportedly sustained connections with Vice President J.D. Vance, who is seen as a potential successor to Trump, and has contemplated utilizing his wealth to support Vance’s 2028 presidential campaign. The article pointed out that Musk has not officially dismissed the idea of creating a party and might reconsider his stance as the midterm elections approach.
Musk had also previously accused the newspaper of issuing “intentionally untruthful” narratives, labeling it a “stain on journalism” and “the globe’s most inferior newspaper.”
“I would not employ that to line my birdcage for parrot excrement,” the billionaire remarked about the WSJ earlier this year.
Last month, Musk detailed a strategy for the America Party to primarily focus on Congress in anticipation of the 2026 midterms, stating that although “supporting a presidential candidate is not impossible,” the party’s “priority for the coming 12 months is the House and the Senate.”
In contrast, Trump has described Musk as a “catastrophe” and asserted that third parties “have never found success in the US,” forecasting that the tech titan’s venture would merely generate “disorder and turmoil.”