BlockBeats News, July 6 — In response to community questions, Elon Musk hinted that the "American Party" will participate in next year's midterm elections.
According to the Federal Election Commission, a new political party does not need to officially register with the FEC unless its fundraising or expenditures exceed a certain threshold. Wallstreetcn analysis points out that, given Musk's financial resources, funding will not be a limiting factor.
In response to online speculation that the "American Party" platform might include reducing debt spending, promoting AI technology development, and broadly relaxing regulations, Musk replied, "That's right!"