The America Party has yet to hold a formative congress or issue a specific platform. Little is known about the party’s stance, beyond Musk’s vague comments of a preference for centrism, deregulation, reduction of government spending and support for Bitcoin ( BTC ).

Elon Musk, the founder of Tesla and SpaceX, has declared that his nascent political movement, the "America Party," will embrace Bitcoin, stating that traditional fiat currency "is hopeless."

The billionaire, in another escalating feud with Trump, suggests that crypto could be part of his plan to disrupt American politics.