Elon Musk's 'America Party' reportedly registers with Election Commission

Elon Musk's 'America Party' reportedly registers with Election Commission originally appeared on TheStreet.

It's been a few days since Tesla (Nasdaq: TSLA) CEO Elon Musk, who once supported cryptocurrencies such as Bitcoin and Dogecoin, has been talking about launching a new political party in the U.S.

Reportedly, it turns out that the political outfit has officially registered with the Federal Election Commission (FEC).

Called 'America Party (AMEP),' the new organization registered with the FEC on July 6 under Filing FEC-1898441 and FEC Committee ID-C00910323.

The filing mentions the candidate's name as Elon Reeve Musk and says:

This committee supports/opposes only one candidate and is NOT an Authorized Committee.

AMEP's treasurer and custodian of records is Vaibhav Taneja, who is Tesla's chief financial officer.

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Musk supported Donald Trump during the 2024 presidential election. Once he won the election, Musk led the Department of Government Efficiency (D.O.G.E.) from January to May under the Trump administration. Though the nomenclature led many to believe that the department would integrate Dogecoin payments, no such development took place.

While both are among the most pro-crypto political and business figures, Trump's "big, beautiful bill" irked Musk so much that he openly expressed his dissatisfaction with the two-party system in the U.S. and said the country needed a new political party, which he has launched.

Crypto community members support Musk

The crypto community has been quick to react to the latest development. Popular Dogecoin team member, known as DogeDesigner or @cb_doge on X, confirmed the news and has been supporting Musk's political campaign.

Pro-crypto attorney John Deaton, who challenged Elizabeth Warren (D-MA) as a Republican candidate during the 2024 election, supported Musk's announcement of the party on July 5.

Deaton also posted a short video of his debate with Warren in which he was seen lambasting the two-party system:

"All of us suck in Congress... It's a broken system. I am disrupting that system."

Though Deaton lost the election to Warren, he is supporting Musk's political challenge in the U.S.

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The total crypto market cap stood at $3.36 trillion at the time of writing.

TheStreet Roundtable reached out to the FEC for a comment on the matter and has not received a response so far. We will update the story if and when the Commission responds.

Elon Musk's 'America Party' reportedly registers with Election Commission first appeared on TheStreet on Jul 6, 2025

This story was originally reported by TheStreet on Jul 6, 2025, where it first appeared.