Elon Musk Announces Formation of the America Party to Promote Bitcoin
Crypto/Politics
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Elon Musk Announces Formation of the America Party to Promote Bitcoin

Elon Musk is set to establish a new political entity, the America Party, as a response to fiscal disagreements with former President Trump.

Overview

Elon Musk is planning to establish a technology-driven centrist political party known as the America Party. This initiative arises following a split from former President Trump due to disagreements over what Musk describes as the fiscally reckless ‘Big Beautiful Bill.’

Key Features of the America Party

  • The new party will advocate for the integration of Bitcoin into its policies.
  • Its focus will be on congressional races instead of presidential ones.

Musk’s Critique

Musk has criticized Trump’s spending bill, labeling it the ‘debt slavery bill’ and believes it represents a fiscal irresponsibility.

“Will the America Party embrace Bitcoin?” — Renato Lima 🇧🇷🇺🇸 July 7, 2025.

Musk has a history of supporting cryptocurrencies, with both SpaceX and Tesla holding Bitcoin in their corporate treasuries. While the details are still unfolding, Musk envisions a party that promotes free speech and minimal regulation, with centrist strategies across various issues.

Trump’s Reaction

In response to Musk’s new political direction, Trump criticized him, claiming that Musk has gone ‘off the rails’ and is now a ‘TRAIN WRECK.’

Conclusion

Although the America Party has not been officially registered, its formation reflects Elon Musk’s ongoing engagement with both technology and politics.

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