Based on what's published on the America Party website and in Elon Musk's posts, the new party promises to focus on reducing U.S. external debt, modernizing the military with AI-powered robotics, and positioning the U.S. as a global leader in AI development.

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.