A meme coin called America Party (AP) has launched today on the Solana blockchain, and the new offering has seen an overwhelming gain of over 537% within the first 24 hours, according to data from CoinMarketCap.

After a public falling out and open criticisms of President Donald Trump, Elon Musk announced his plans to form a new political party. Here's what to know

CNN’s chief data analyst has poured cold water on Elon Musk’s lofty ambitions to launch a new “America Party.” Harry Enten told CNN News Central anchor John Berman on Monday that only 4 percent of voters like Musk and dislike the Republican Party—a minuscule base as Musk tries to take revenge against the Republican Party for passing Trump’s “big beautiful” spending package.