Elon Musk is launching the a new political party called the America Party, and has indicated that it will be pro-Second Amendment and pro-bitcoin

Elon Musk's newly launched 'America Party' will embrace Bitcoin, the billionaire tech mogul confirmed. On July 6, an X user with the handle @RenatoLima_X asked Elon Musk if America Party will embrace Bitcoin, to which the billionaire responded, "Fiat is hopeless, so yes." Bitcoin jumped from $108,735.07 to $109,361.29 following Musk's confirmation.