Vice President JD Vance cautionedElon Musk against forming a third political party in an exclusive interview on "The Ingraham Angle," saying the billionaire could wield more influence by staying "loyal" to the Republican Party and President Donald Trumps MAGA movement."My advice to Elon would be to try to fix the Republican Party. Try to push it in your own way. Disagree with me all you want, disagree with the president of the United States, but don't pretend that you can make a big difference with a third party," Vance said Wednesday."I think Elon would make a much bigger difference if he stayed loyal to President Trump's Republican Party, and if he had disagreements, express those disagreements from the inside as opposed from the outside."ELON MUSK CONNECTS WITH INDIE ANDREW YANG ON BILLIONAIRE FORMER TRUMP ALLY'S THIRD PARTY PUSHThe former Ohio senators comments came after The Wall Street Journalreported Musk is pausing plans to start the America Party to focus on his companies.Fox News parent Fox Corp. and The Wall Street Journal parent News Corp share common ownership.Musk announced in a post on his social mediaplatform X, formerly Twitter, in July that the America Party would be formed to give people their "freedom" back, amid criticism about the two-party system."When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," he wrote.The former special government employee who served in an advisory role at the Department of Government Efficiency (DOGE) publicly split with Trump earlier in2025 over his support for Trump's "big, beautiful bill." Musk argued the bill would add trillions to an already ballooning U.S. national debt and could undermine DOGEs work of cutting government spending.Musks allies, according to the WSJ, said the SpaceX CEO hasnt officially ruled out creating the new party and could change his mind.TRUMP DISMISSES MUSK'S POLITICAL AMBITIONS AS 'RIDICULOUS' IN SHARP REBUKE"I do think that it would be a huge mistake for Elon to go forward with a third party, and my argument to him is whether you like it or not, you are now perceived by the far-Left as on the side of the American Right," Vance told Fox News host Laura Ingraham."You believe in law and order, you believe in closed borders, you believe in economic growth and prosperity, you believe in making things in the United States of America. The idea that Elon is ever going to go back to being sort of in the middle, where Democrats and Republicans both like him, that's just not going to happen. He is perceived as being on the American Right."The vice president also denied talking to Musk or other donors about a potential 2028 presidential run amid reports that the worlds richest man could financially back Vance.Reuters reported thatMusks America PAC spent nearly $300 million during the 2024 election in favor of Trump and other Republican candidates.