Elon Musk Launches ’America Party’ After Split with Trump, Crypto Implications Unclear

Silicon Valley's most disruptive force has turned his sights on Washington. Elon Musk, recently estranged from Trump's political orbit, announced the formation of the 'America Party' with a fiery declaration against government waste. The move comes just months after his controversial tenure leading a federal efficiency initiative dubbed 'Doge'—an ironic nod to the meme cryptocurrency that once captivated his Twitter feed.

The billionaire's political pivot follows a spectacular falling out with the former president over fiscal policy. Musk's poll on platform X, garnering 1.25 million responses with 65% approval, suggests significant appetite for his anti-establishment movement. While the announcement contained no direct cryptocurrency references, market watchers recall how Musk's past political maneuvers have sent ripples through digital asset markets—particularly Dogecoin and Bitcoin.