Elon Musk, the founder of Tesla and SpaceX, has announced the formation of a new political party in the U.S. called the America Party. This decision comes in light of his recent conflict with Donald Trump.
Main Goals of America Party
The America Party aims to change the political landscape of the U.S. by opposing the so-called uniparty that includes both Republicans and Democrats. Musk stated that the goal of the new party is to reduce the national debt and ensure responsible spending.
Support for Bitcoin and Economic Reforms
As part of its agenda, the America Party has also declared support for Bitcoin. Musk pointed out that "fiat is hopeless" and that transitioning to digital currencies could enhance the economic situation in the country. The party plans to promote military modernization, decrease regulation, and protect free speech.
Musk's Conflict with Trump and the Uniparty
The creation of the America Party was a response to Trump's recent actions, including signing the "Big Beautiful Bill" on U.S. Independence Day. Musk expressed doubts about the economic effectiveness of this bill, claiming it would add trillions to the federal deficit. He noted that U.S. national debt has been consistently rising, surpassing $37 trillion.
Musk's announcement of the America Party highlights the need for changes in American politics and economics, reflecting rising disagreements among various political ideologies in the country.