Rumors have been swirling about Musk potentially donating up to $100 million to Farage’s party—a sum that would make it the largest political donation in British history. Though both Farage and Musk’s teams have downplayed the figure, Farage acknowledged that the subject of money was discussed during their meeting, hinting at “ongoing negotiations” to secure backing.
If Musk were to step in with significant funding, it would pose a real challenge to Labour Prime Minister Keir Starmer, who has been embroiled in a public spat with Musk over a range of issues, from policing to social media regulation. Farage, who is a staunch ally of both Trump and Musk, also recounted how the tech mogul had shared valuable insights on Trump’s successful presidential campaign strategies. “I’ve come home with copious notes of how they increased the turnout, voter registration, and so much more,” Farage wrote, eager to apply these lessons in the UK.
The idea of Musk backing the party has sparked conversation, with some speculating that his involvement could be driven by the desire to “disrupt” the British political establishment. Gawain Towler, Farage’s former Director of Communications, mused that Musk might relish the opportunity to “disrupt British politics for the cost of half a toenail.”
While Reform’s Deputy Leader Richard Tice refrained from commenting on whether they would accept a donation from Musk, he acknowledged the potential influence of an international businessman with significant stakes in the UK. “Let’s wait and see,” Tice told Sky News, adding that Musk’s interests in the country could make him a key figure in the upcoming political shifts.
However, UK election laws limit donations from overseas citizens to £500, raising questions about how Musk could work around these restrictions. Some transparency experts believe the donation could be funneled through companies or unincorporated associations to skirt the law.
If Musk does choose to get involved, it would undoubtedly shake up British politics—offering the populist Reform UK party a major boost in their battle against the entrenched political elites.