(Bloomberg) -- For the past three years, Elon Musk has steadily elbowed his way into the booming market for in-flight Wi-Fi, with his Starlink service signing up blue-chip carriers from Air France to Qatar Airways to United Airlines.

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.

Elon Musk's plan to launch the America Party has been shelved for now, as the tech billionaire focuses on businesses and maintaining ties to VP JD Vance, according to The Wall Street Journal.

Elon Musk is reversing course on his plans to form a third political party and is telling associates to instead focus on his companies, according to a new report citing sources who said Musk is considering financially backing Vice President JD Vance if he decides to run for president in 2028.

Investors suing Elon Musk are crying foul in a class action over the billionaire's delayed disclosure of his Twitter stake in early 2022, arguing that he wants to escape liability by citing legal advice he received from two prominent law firms without providing details about it.

Elon Musk must face allegations that he defrauded voters when he promised them a chance to win $1 million for signing a petition in the days before the 2024 presidential election.

Meanwhile, Musk and Thiel have been close for well over a decade. Musk grew up in Apartheid South Africa, the same country where Thiel went to school in the '70s. Thiel co-founded PayPal and served as its CEO, while Musk was chief product architect. Thiel was also an early investor in SpaceX and Tesla.