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BlockBeatsAsia

Elon Musk hinted that the "American Party" will participate in next year's midterm elections when responding to community questions.

According to the Federal Election Commission, new political parties do not need to formally register with the Federal Election Commission unless their fundraising or expenditures exceed a specific threshold. Wall Street Insights analysis points out that with Elon Musk's financial resources, funding will not be a constraint.

In response to netizens' speculation that the "American Party's" political program may include reducing debt spending, promoting AI technology development, and comprehensively relaxing regulations, Elon Musk replied: "Exactly!"

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