Elon Musk Confirmed His proposed “American Party” would adopt Bitcoin on Sunday, a Democrat and Republican double-tier alternative.
Musk issued a statement in response to a user’s question regarding X regarding whether the “American Party” would accept Bitcoin. He reached an agreement and expressed skepticism about Fiat currency.
Elon Musk announced on Saturday The formation of the “American Party” Musk is opposed in response to Donald Trump’s recent $3.3 trillion spending bill enacted. The announcement showed great support for the initiative among mask followers, following the public investigation via X.
Musk has issued a bold statement, but there is currently no indication that he has taken any concrete steps to launch the party.
Data has been scraped The US Federal Election Commission (FEC) circulating on X early today suggests that the submission was made under the name of “Elon Reeve Musk” from the “American Party.” However, there are no records on the official website. Musk publicly rejected any relationship, claiming the filing was false.
This filing is false and has been reported to the FEC as such
– Elon Musk (@elonmusk) July 6, 2025
