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6mo ago

Elon Musk Reportedly Considering $100M Donation to Nigel Farage's Reform UK Party

The potential donation, if confirmed, could reshape British politics, challenging both Labour and the Conservatives.

LONDON, ENGLAND - NOVEMBER 28: Leader of Reform UK, Nigel Farage answers questions from the media while attending a Reform UK press conference on November 28, 2024 in London, England. The populist Reform UK party called a press conference to make a statement on party growth and professionalization. (Photo by Leon Neal/Getty Images) GRUENHEIDE, GERMANY - AUGUST 13: Tesla CEO Elon Musk talks during a tour of the plant of the future foundry of the Tesla Gigafactory on August 13, 2021 in Grünheide near Berlin, Germany. The US company plans to build around 500,000 of the compact Model 3 and Model Y series here every year. (Photo by Patrick Pleul - Pool/Getty Images)
Nigel Farage announced a milestone for his party last week — 100,000 members
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Overview

  • Reports suggest Elon Musk may donate $100 million (£78 million) to Nigel Farage's Reform UK Party, though this remains unconfirmed.
  • Musk has publicly supported Farage's policy positions and criticized Labour's Prime Minister Keir Starmer on issues like free speech and mass migration.
  • Speculation indicates Musk could channel the funds through the UK branch of his social media platform X to comply with foreign donation laws.
  • Reform UK, polling at 18%, has gained momentum since the July election, but still trails Labour and the Conservatives in parliamentary seats.
  • Conservative officials warn that Musk's support for Reform UK could weaken their party further, benefiting Labour's supermajority.