Why did Elon Musk postpone the creation of his party in the USA?

Elon Musk has suspended plans to create his own political party that could attract Republican voters, as reported by The Wall Street Journal. The well-known entrepreneur decided to direct his efforts toward developing his business empire and maintaining favorable relationships with key figures in the Republican Party.

According to the publication, Musk has recently been actively maintaining communication with US Vice President JD Vance and, as reported, has admitted to his business partners that he does not want to risk his relationship with Vance for the sake of creating a new political force. However, journalists emphasize that the billionaire has not completely abandoned his political initiative.