Elon Musk Says America Party Will Embrace BTC as 'Fiat Is Hopeless'

Elon Musk's 'America Party', a pro-tech centrist party the Tesla and SpaceX founder plans to form after his split from President Donald Trump, would embrace bitcoin (BTC) Musk said on X.

Musk has been a long supporter of cryptocurrencies, with SpaceX and Tesla both holding BTC in their corporate treasuries.

The America Party formed out of a rift between Musk and President Trump over the 'Big Beautiful Bill' which Musk has criticized as being fiscally irresponsible, calling it the "debt slavery bill" .

Musk envisions the party, which has not yet been officially registered , as one which takes a pro-tech, pro-free speech and anti-regulation agenda, with centrist policies everywhere else.

The America Party doesn't yet have an official website, so all that's known about its political ideology comes from Musk's posts and re-tweets from supporters.

Musk has said on X that the party, when formed, won't immediately run a Presidential candidate but rather focus on House and Senate races.

Trump, for his part, said in a Truth Social post Sunday evening U.S. time that Musk had gone "off the rails" and has become a "TRAIN WRECK.".

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