Washington, Aug. 21 -- US Vice President JD Vance has warned Elon Musk against breaking away from Donald Trump's Republican Party, saying it would be "a huge mistake" for the billionaire to press ahead with plans to launch a new political party.

Appearing on Fox News' The Ingraham Angle this week, Vance dismissed a Wall Street Journal report claiming he had spoken with Musk about a potential 2028 presidential run. "That story is completely fake," he said flatly.

However, he added that Musk's flirtation with a new political party "would be a huge mistake". "Whether you like it or not, you are now perceived by the far left as on the side of the American right, the idea that Elon is ever going to go back where Democrats and Republicans bot...