Is His "America Party" Concept a Sudden Inspiration or a Well-Thought-Out Strategy?
Elon Musk may establish a new political party called the "America Party" in 2025? This bold idea has sparked heated discussions in the cryptocurrency betting market Polymarket, with the probability of it happening soaring to 17%! Meanwhile, Musk's public feud with Trump continues to escalate, causing Tesla's stock price to fluctuate dramatically. What story lies behind this? Let's find out!
Musk's Party Formation Probability Soars, Polymarket and X Join Forces
According to the latest data from the decentralized prediction market Polymarket, as of now, the probability of Musk creating a new political party in 2025 has surged from 7% in June to 17%, with a further increase of 2% in the past 24 hours. Behind this market enthusiasm, the betting amount has exceeded $416 million! Polymarket has clearly stated that if Musk makes a "clear" official announcement, the market will determine it as "yes."
Even more noteworthy is that Musk's X platform recently announced a formal partnership with Polymarket, making Polymarket the official prediction market partner of X. The strong collaboration combines Polymarket's prediction data with X's real-time dynamics, providing users with more accurate trend insights. This has further fueled discussions about the possibility of Musk forming a party.
Fun Fact:
Polymarket is a blockchain-based prediction market platform where users can bet on future events using cryptocurrency. However, due to regulatory restrictions, U.S. residents are currently unable to participate.
Musk and Trump's Feud Escalates, Party Plan Emerges
The catalyst for this heated discussion stems from the escalating public dispute between Musk and former U.S. President Trump.
Incident Origin: Musk accused the Trump administration of withholding documents related to Jeffrey Epstein, causing a major uproar.
Trump's Retaliation: Trump publicly expressed his disappointment in Musk, calling him "crazy," and threatened to cancel federal contracts and subsidies for Musk's companies.
Musk's Response: Musk not only criticized Trump's tariff policies for potentially "triggering a recession in the U.S." but also retweeted a post stating "Trump should be impeached," adding fuel to the fire.
As the mutual attacks intensified, Musk initiated a notable poll on the X platform: "Is it time to establish a new political party in America that represents 80% of moderates?"
The poll results showed that over 5.63 million users participated, with 80.4% supporting the establishment of a new party, while only 19.6% opposed it. Musk promptly retweeted the results, announcing that the new party would be named the "America Party," stating, "The people have spoken, and this is destiny!"
Tesla's Stock Price Roller Coaster, Market Reacts Strongly
The dispute between Musk and Trump not only ignited public opinion but also directly impacted the capital market.
June 5: Tesla's stock price plummeted 18% due to the feud, closing down 14%, but the market value still evaporated by about $153 billion, marking the largest single-day drop in nearly three months.
June 6: Tesla's stock price rebounded 4.3% in early trading but still failed to fully recover the previous day's losses.
This turmoil has left investors uncertain about Musk's business empire and political direction, adding more drama to the potential establishment of the "America Party."
"America Party" Vision: Representing 80% of Moderates?
Musk's core idea for the "America Party" is to represent the "middle 80%" of the population, attempting to break the traditional two-party system in the U.S. This idea has sparked widespread discussion:
Supporters argue: Musk's influence and resources could drive a new party centered on reason, science, and innovation, attracting moderate voters tired of traditional politics.
Opponents question: Establishing a party requires a large organization and financial support, and Musk's controversial statements and conflicts with Trump may weaken his political appeal.
Regardless, Musk's "America Party" concept undoubtedly drops a bombshell in the U.S. political arena.
Will Musk Take the First Step to Form a Party?
Although there were brief signs of "reconciliation" in the dispute between Musk and Trump on the evening of June 5, Trump again called Musk "crazy" the next day, and their relationship remains tense. Will Musk's party plan transition from a dream on the X platform to reality? The 17% probability on Polymarket may just be the beginning.
Meanwhile, the collaboration between X and Polymarket will provide us with more real-time data to gain insights into the direction of this event. Musk's next move, whether to continue "attacking" Trump or to formally prepare for the "America Party," will become a global focus in 2025.
Conclusion
From tech giant to political newcomer, every step Musk takes captures global attention. Is his "America Party" concept a sudden inspiration or a well-thought-out strategy? Let's wait and see!
What do you think?
Do you believe Musk will really establish the "America Party" in 2025? Feel free to share your views in the comments!
Would you like to see Musk form a party?
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