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Elon Musk May Give $100 Million to Farage's Reform UK in Historic Political Donation

Dec 17, 2024, 08:29 PM

Elon Musk, the tech billionaire and owner of X (formerly Twitter), has met with Nigel Farage, leader of Reform UK and MP for Clacton, at Donald Trump's Mar-a-Lago estate in Florida on Monday, December 16th. The meeting, which lasted an hour and also included Reform UK's treasurer Nick Candy, has fueled speculation that Musk is considering making a substantial donation to the party, potentially up to $100 million, which would be the largest political donation in British history. Farage stated that they are in ongoing negotiations about financial support, saying, "We only have one more chance left to save the West and we can do great things together." Musk expressed his support by tweeting in agreement with Farage's statement that "Britain needs Reform." Farage also met with US Vice President-Elect JD Vance during his visit, which is his fourth trip to the U.S. since the UK election. The potential donation has prompted discussions about its legality under UK political funding laws, with some politicians, including a Labour MP, seeking to block Musk's contribution. Bookmakers have reported a significant surge in bets on Reform UK following the meeting. Reports suggest that Musk may consider donating through a UK subsidiary, which could lead to a legal battle with the Labour government in the new year.