- Elon Musk plans to create a centrist political group called the ‘America Party’ after his break from President Donald Trump.
- The proposed party will support Bitcoin and cryptocurrency adoption, according to Musk’s comments on X.
- Musk’s split with Trump centers on disagreements over fiscal policy, particularly the “Big Beautiful Bill.”
- The ‘America Party’ intends to focus on House and Senate races, not the presidency, in its initial phase.
- The party promotes pro-technology, pro-free speech, and anti-regulation policies but is not yet officially registered.
Elon Musk has announced plans to form the ‘America Party,’ a new centrist political group, following a public fallout with President Donald Trump. Musk shared on X (formerly Twitter) that the party will embrace bitcoin and other pro-technology positions.
The America Party is expected to support cryptocurrency and technology innovation. Musk stated on X that the party’s initial focus will be on running candidates for the House and Senate, rather than for the presidency. Both SpaceX and Tesla, companies led by Musk, currently hold bitcoin in their corporate reserves.
Musk’s decision to create the party began after he criticized Trump’s “Big Beautiful Bill.” Musk referred to the bill as the “debt slavery bill” and called it fiscally irresponsible. He indicated that his new party would advance a pro-free speech and anti-regulation agenda while maintaining centrist positions on other policy areas. The party has not yet been formally registered and does not have an official website.
The only details about the America Party platform come from Musk’s posts and shared messages from supporters. A user on X asked if the party would embrace bitcoin, which Musk confirmed. The party’s approach is designed to attract voters who support technology and free markets.
On the other side, Donald Trump responded in a Truth Social post, criticizing Musk and saying he had gone “off the rails.” The post also described Musk as a “TRAIN WRECK.”
Additional information about the party’s formation is expected to be revealed as it progresses. For now, all official statements and details are shared through Musk’s social media accounts. More updates are anticipated once the registration process is complete and the America Party establishes its platform.
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