Elon Musk Unveils His Own ‘America Party,’ Signals Pro-Bitcoin Political Shift

Tech billionaire Elon Musk has unveiled a new political movement called the America Party, positioning it as a direct challenge to the United States’ long-standing two-party system.

In a series of posts on X over the weekend, Musk described the initiative as a response to what he sees as bipartisan mismanagement of the nation’s finances — and confirmed that Bitcoin would play a role in the party’s economic philosophy.

When asked by an X user whether the America Party would support Bitcoin, Musk replied, “Fiat is hopeless, so yes,” suggesting a clear alignment with decentralized financial principles and a rejection of inflation-prone fiat currency systems.

Musk formally introduced the party on Saturday after gauging interest through an X poll. In his announcement, he criticized both Republicans and Democrats for contributing to unchecked government spending, writing: “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.” He added that the America Party is being created to “give you back your freedom.”

The launch comes amid growing friction between Musk and former ally Donald Trump, particularly over Trump’s recently signed $3.4 trillion “Big, Beautiful Bill,” a massive spending package Musk has condemned for deepening the U.S. deficit.

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While the America Party remains in its early stages — it has not yet been registered with the Federal Election Commission — Musk has shared early ideas about strategy. He proposed focusing on a small number of key races, writing, “One way to execute on this would be to laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts.” Musk believes such a foothold could allow the party to sway critical legislation and act as a decisive swing bloc.

Though still light on policy details, the America Party has launched an official website and is expected to outline its platform in the coming weeks. With Musk’s vocal endorsement of Bitcoin and decentralization, the party could attract both fiscal conservatives and crypto-aligned voters seeking alternatives to traditional political structures.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.