Elon Musk is set to launch a new political party called the 'America Party,' stemming from his split with President Trump regarding the 'Big Beautiful Bill,' which Musk deems fiscally irresponsible. The America Party aims to champion Bitcoin and focus primarily on Congressional races rather than the Presidential election. Musk envisions the party as pro-technology, advocating for free speech while maintaining centrist positions otherwise. Although the party does not have an official platform yet, its ideology is derived from Musk's social media posts and the sentiments of his followers. Musk's criticism of Trump's policies reflects a deeper political divide, with the former President voicing concern over Musk's direction, describing him as having gone 'off the rails.' This new political undertaking represents Musk's ongoing commitment to cryptocurrencies, which he has previously supported through corporate investments in Bitcoin by Tesla and SpaceX.

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