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US President Donald Trump hit Elon Musk as “out of rails” after Tesla CEO launched the America party and confirmed that he would support Bitcoin.
Responding to a user on X who asked if the new political party would embrace Bitcoin, Musk replied This “Fiat is hopeless, so yes”.
The price of Bitcoin increased by approximately 1% after the comment to negotiate $ 109,169.72 to 2 h 25 hne.
Musk has long been a supporter of the crypto, and Tesla has more than $ 1 billion in Bitcoin on its balance sheet, according to Bitcoin vouchers. He also won the nickname “Dogefather” for his support for Dogecoin.
Musk to challenge the bipartite system
Musk led a survey on X on July 4, which is also independence in America, to assess if there is support for a new political party.
Independence day is the ideal time to ask you if you want the independence of the bipartite system (some would say Unitarty)!
Should we create the America party?
– Elon Musk (@elonmusk) July 4, 2025
More than 1.24 million votes were expressed, with an overwhelming majority of 65.4% supporting a new political party to challenge the current two -part system.
Trump says Musk left “out of rails”
The Musk launch of the America’s Musk comes after a dispute with American president Donald Trump, that Tesla CEO had helped reduce public spending thanks to the Government Ministry (DOGE).
Trump and Musk clashed when the president presented his so-called “big and beautiful bill”, which was signed the same day that Musk directed his survey.
Musk said the bill is “completely crazy” and that it gives “documents to the past industries while seriously naming the industry of the future”.
Sign. SEALED. BOOK. 🧾🇺🇸
The president of President Trump is now the law – and the golden age has never felt better. pic.twitter.com/t0q2dbzlz5
– The White House (@Whitehouse) July 4, 2025
“I am saddened to see Elon Musk go completely” out of the rails “, becoming essentially a train wreck in the past five weeks”, Trump said On his social platform of truth on Sunday. “He even wants to start a third political party, despite the fact that they have never succeeded in the United States.”
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