How will Musk's potential donation impact Conservative Party fundraising by the end of 2024?
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Reports from major UK news outlets on Conservative Party fundraising
Elon Musk Backs Nigel Farage's Reform UK, Considering $100 Million Donation Ahead of Next General Election
Dec 1, 2024, 08:43 AM
Elon Musk has expressed support for Reform UK, suggesting that the party will win the next general election. Reports indicate that Musk is considering a substantial donation of $100 million to the party, potentially reshaping the British political landscape. This follows his previous financial backing of Donald Trump’s campaign. Some UK policymakers have raised concerns about Musk's influence on UK-US relations, particularly given his criticisms of the Labour government. The implications of Musk's potential donation have sparked discussions about its impact on the Conservative Party's fundraising efforts and overall political viability. However, legal experts caution that as a US citizen, Musk may face restrictions on making such a donation.
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