Their warm make-up comes as Musk has also quietly abandoned his push to establish a third major political party in the US, according to a new report. Following his high-profile fallout with the president over the summer, the world's richest man announced he 'formed' the 'America Party' in July. Musk described the political movement as an option other than the dominant 'uniparty' that Democrats and Republicans maintain. However, that plan has been canned. The Tesla CEO was not fully aware of how costly and difficult it would be to create a third party, four sources familiar with the matter recently revealed to the New York Times. Understanding the nuance of such a Herculean task, Musk's top political advisors were reportedly worried about the undertaking. The former DOGE leader, who once shared a close relationship with Trump, left Washington this summer as persona non grata after he alleged the president was implicated in the Epstein files. Soon after, Musk announced that he had 'formed' the 'America Party' Elon Musk has reportedly canceled his plans to make a third US political party Trump was not happy with Musk after the tech leader turned on him, and he often attacked Musk on social media over the summer. Since then, their relationship has seemed to stabilize They were concerned about how standing up another political party would impact their own careers in a Trump-dominated Washington. Jamie LaBranche, a candidate for US Senate in Louisiana, was reportedly rebuffed when he approached Musk's team asking to run on the America Party ticket. 'Elon Musk, we have work to do,' the candidate wrote to the billionaire. 'Please help me help the America Party.' But LaBranche was soon turned down. According to the Times, weeks after the candidate emailed the mercurial business leader, someone identifying themself as one of Musk's lawyers later responded to LaBranche, saying there would be no America Party. Still, Musk has not come out explicitly saying that the effort is finished. Both MBS and Trump appeared to chat with Musk on Wednesday The former DOGE leader is also expected to attend a reunion for the cost-cutting department this coming weekend in Austin, Texas, the New York Times reports. Sources told the outlet that though Musk's plans may change, the event is scheduled to occur at a luxury hotel that the SpaceX owner typically stays at. The two-day event will include dinners and potentially tours of Musk's SpaceX and Boring Company facilities, plans for the event reviewed by the Times indicate. Musk's return to politics is just beginning, sources familiar with his thinking told the Times. The entrepreneur, who spent around $300 million to support Trump's election, is considering donating to Republicans' midterm campaigns next year, sources have shared.