Under the Constitution, Trump cannot run for a third presidential term. Previous polling has shown Vance as the clear GOP primary front-runner; though a new poll suggests Vance could lose to Democratic favorites Gavin Newsom or Pete Buttigieg.

Billionaire has shelved plans for his 'America Party,' with sources saying he is focused on his companies and maintaining ties with Vice President JD Vance - Anadolu Ajansı

Billionaire Elon Musk is quietly putting the brakes on plans to start his new political party, telling allies he wants to focus on his companies, the Wall Street Journal said on Tuesday, citing people with knowledge of the plans.