Elon Musk Forms America Party, Claims Fiat Has No Hope
Elon Musk officially announced the formation of the America Party, a new political party that fully supports Bitcoin (BTC). In his statement on X, Musk stated that 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 the 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 the America Party, several other political figures tried to engage Musk. American businessman Andrew Yang had wanted to invite 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 concerning the One Big Beautiful Bill Act which has caused a rift with Trump.
Despite his significant wealth, Musk faces a tough challenge in bringing the America Party to the national stage. Aside from a reputation that has dipped and legal hurdles due to being born in South Africa, gaining access to ballots across the states is also not an easy task.
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