Elon Musk denies plans for a $100M donation to Reform UK, igniting speculation. What does this mean for the UK election landscape?
Elon Musk has denied reports of a potential $100 million donation to Nigel Farage’s Reform UK party. Speaking to ITV, Musk clarified that while he has no plans for such a large amount, he did not dismiss the idea of contributing a different sum.
Reform UK leader Nigel Farage described the reports as “pure speculation” and confirmed he was unaware of any significant donation. Meanwhile, Conservative Party officials are concerned that any funds from Musk could negatively impact their chances in upcoming elections.
Despite his criticism of Labour Prime Minister Sir Keir Starmer and apparent support for Reform UK on X, Musk, as a US citizen, is restricted from making personal political donations in the UK. Any potential donation would likely need to come through the British branch of X.
An injection of $100 million would dramatically alter the UK electoral landscape, with Farage noting even a smaller amount would be impactful. However, he expressed skepticism regarding Musk’s ability to deliver such a sum.
