Elon Musk, the renowned entrepreneur and founder of Tesla, has announced the creation of a new political party called 'America'. This decision comes alongside his shifting position on Bitcoin and environmental issues.
Formation of the 'America' Party
On July 4, 2025, Elon Musk announced a possible creation of the 'America' party by launching a poll on X. Over 1.2 million votes were cast; 'yes' won at a ratio of 2 to 1. Musk later stated that the party would focus on several Senate seats and House districts to exert political influence. He emphasized that this initiative is intended to restore freedom to the citizens.
Musk's Stance on Bitcoin
On July 7, 2025, a user on X asked Musk if the 'America' party plans to support Bitcoin. Musk replied, 'Fiat is hopeless, so yes.' He also mentioned that he believes it is necessary to eliminate financial instruments that do not support core values.
Environmental Aspects and Political Ambitions
Musk continues to advocate for eco-friendly technologies. At present, his position regarding ensuring the sustainability of various Bitcoin mining methods remains unclear. He previously halted the use of Bitcoin in Tesla due to its significant environmental impact. However, Musk recently confirmed his environmental ambitions by supporting certain centrist views, such as reducing regulation in the energy sector.
Elon Musk's creation of the 'America' party evokes mixed reactions from politicians and citizens. Despite his historical fluctuations regarding Bitcoin and environmental issues, his actions may change the political landscape and attitudes toward cryptocurrencies.
