'America Party' of Elon Musk, a centrist party supporting technology that the Tesla and SpaceX founder intends to establish after parting ways with President Donald Trump, will accept Bitcoin - Elon Musk stated on X.

Musk has long been a supporter of cryptocurrency as both SpaceX and Tesla hold BTC in their corporate treasury. The America Party was founded after the rift between Musk and President Trump over the 'Big Beautiful Bill,' which Musk criticized as financially irresponsible, calling it the 'Debt Slavery Bill.'

Musk envisions this party, which is not yet officially registered, as a party with an agenda that supports technology, free speech, and is anti-regulation, with centrist policies in all other aspects.

The America Party does not yet have an official website, so everything we know about the political ideology of this party comes from Musk's posts and replies from supporters.

Musk has stated on X that when formed, this party will not immediately put forward a presidential candidate but will focus on races for the House and Senate. For his part, Trump mentioned in a post on Truth Social on Sunday night US time that Musk has 'Gone Off Course' and has become a 'TRAIN WRECK.'