Elon Musk is already giving up on plans to launch his own political party to challenge the Republicans and Democrats and is instead considering backing Vice President JD Vance in 2028, according to a report.

Vice President JD Vance said Elon Musk made a “mistake” by choosing to pick a fight with Donald Trump, but conceded that he hopes the billionaire gets back onto the president’s good side by the 2026 midterm elections, given the critical role he played in last November’s race.