give Farage $100m to make him PM?
The Tesla boss, who used his immense fortune to help Donald Trump's campaign, is turning his attention to Britain
William Turvill, Chief Business Correspondent | Tim Shipman | Caroline Wheeler, Political Editor
Labour and Tory supporters will hope this is fake news.
Elon Musk has already declared war on Sir Keir Starmer and last week suggested that Nigel Farage's Reform party would form the next government.
The Tesla tycoon, who is the world's richest man, could be about to put his money where his mouth is.
This weekend, leading businessmen and Conservative Party officials believe there is a credible prospect that Musk is preparing to give $100 million (£78 million) to Farage as a “f* you Starmer payment” with a view to transforming
Nigel Farage announced a milestone for his party's membership figures last week, and could also win vital backing from the world's richest man
THOMAS KRYCH/ZUMA PRESS WIRE/ALAMY
British politics.
Such a move could obliterate the Conservative Party as the main challenger to Labour before Kemi Badenoch, the new leader of the opposition, has made her mark.
It would also open the door to near-limitless anti-government ad-
vertisements from Reform.
If the donation materialises, it is likely to be made through the British branch of Musk's social media company X, formally known as Twitter, which would enable him to get round rules preventing foreign donations to a political party, ac-
cording to those familiar with the discussions.
On Saturday evening, Farage said he did not know whether Musk would give any money but said he was in regular touch with the billionaire, who has been appointed by Donald Trump to lead efforts to pare back the US government.
“All I can say is that I'm in touch with him and he is very supportive of my policy positions,” Farage said. “We both share a friendship with Donald Trump and Trump has said good things about me in front of Musk. We've got a good relationship with him.”
On Thursday a right-wing account on X posted the news that Dame Andrea Jenkyns, a minister in Boris Johnson's government who lost her seat in the Labour landslide, had defected to Reform and will be a candidate in a mayoral election next year. The tweet added: “Reform will win the next general election.”
Musk reposted the remark to his 206 million followers with the word: “Yes”. It was liked 159,000 times.
An ally of Farage said he would “not be surprised” if such a donation were made under the banner of “freedom of speech”, adding: “Elon