Elon Musk: Will the America Party Finally Be Established?

Elon Musk has announced the establishment of the America Party, but the formation processes have not progressed. Axios points out that a party supported by Musk could change the landscape in the midterm elections and escalate the dispute with Donald Trump.

Dan Ives, an analyst at Wedbush Securities, stated that Musk understands the situation. However, no official documents have been submitted for the party's establishment, and rumors of collaboration have subsided.

James Fisbach, a Tesla investor, compared the announcement of the party's formation to Musk's business activities, such as the integration of Grok AI into Tesla cars and the expansion of the Robotaxi application in Austin.

The America PAC, the vehicle Musk used to spend approximately $250 million on the 2024 campaign, remains active. Ives believes Musk will continue to fund candidates.

SpaceX warned investors that Musk could continue to devote time to politics. Jason Calacanis, a friend of Musk, suggested taking over the America PAC and supporting candidates for Congress and the Senate.