*Elon Musk Forms America Party, Says Fiat Has No Hope*
Elon Musk officially announced the formation of America Party, a new political party that fully supports Bitcoin (BTC). In his statement on X, Musk said fiat has no hope, indicating an anti-fiat stance and a strong commitment to crypto as part of his party's vision.
The launch of America Party comes amid Musk's open feud with US President Donald Trump. After Trump criticized Musk on Truth Social, Elon accused Trump of abandoning his position and conducted a poll that showed a majority supporting the formation of a new party.
Before the declaration of America Party, several other political figures tried to recruit Musk. US businessman Andrew Yang had briefly wanted to collaborate with him to form a new party or support the Forward Party, while Libertarian National Committee chair Steven Nekhaila also reached out to Musk.
However, Elon chose to focus on his own agenda, particularly related to the One Big Beautiful Bill Act that sparked a rift with Trump.
Despite his vast wealth, Musk faces significant challenges in bringing America Party to the national stage. Aside from a reputation that has seen better days and legal hurdles due to being born in South Africa, gaining access to ballots across all states is no easy task.
