Musk announces the establishment of the "American Party"

ChainCatcher news, Tesla CEO Elon Musk announced on social media the establishment of the "American Party," stating that the party aims to "restore the freedom of the people." Musk indicated that the current American political system suffers from waste and corruption, and the new party will change this situation.

A previous online poll initiated by Musk showed that about two-thirds of participants supported the establishment of a new party. According to U.S. law, the formal establishment of a political party requires the completion of relevant certification procedures.