Nigel Farage informed the BBC that Reform UK is engaged in “open negotiations” with American billionaire Elon Musk concerning a potential donation to the party. The leader of Reform UK stated that he and Mr. Musk “did talk about money” during their meeting held on Monday at Donald Trump’s retreat in Florida. Mr. Farage further mentioned that the technology magnate, known as a significant supporter and donor to Trump’s re-election campaign, expressed being “fully, fully behind us”. Mr. Farage elaborated, saying, “He wants to help us, he’s not opposed to the idea of giving us money, provided we can do it legally through UK companies.” This marks the initial instance Mr. Farage has confirmed his party’s discussions regarding a possible donation from Mr. Musk, who is recognized as the world’s wealthiest individual and the head of X, Tesla, and SpaceX. Previously this month, Mr. Farage had indicated that while Mr. Musk was a political supporter, he had not solicited a donation, and “one has never been offered.” Mr. Musk has not provided any comment regarding the prospect of a donation to Reform UK, a party that secured four million votes and five seats in July’s general election. Being a US citizen, Mr. Musk is prohibited from making personal political contributions in the UK. However, reports have emerged suggesting that a donation might be facilitated via the British division of X. In an interview with BBC political editor Chris Mason, Mr. Farage stated that they “didn’t discuss specific numbers” concerning a potential donation, reiterating that the party was “in negotiations” on the subject. Nevertheless, he dismissed speculation that the billionaire might contribute as much as $100m (£78m) as “for the birds”. Mr. Farage has previously stated that the UK’s election watchdog “would take a view that a donation that came from a company would have to be proportional to the size of the company in this country.” This development follows Reform UK’s announcement that Mr. Farage, accompanied by the party’s new treasurer Nick Candy, met with Mr. Musk at Mar-a-Lago for an hour on Monday, and “learned a great deal from Musk about the Trump ground game.” Mr. Farage shared a photograph on X featuring himself, Mr. Musk, and Mr. Candy, who was named party treasurer last week. The image showed them positioned in front of a painting of Trump located within the Mar-a-Lago complex. He also commented, “Britain needs Reform,” to which Mr. Musk responded, “Absolutely.” Reform UK expressed gratitude to the US president-elect for permitting the use of the building for their meeting, asserting that this demonstrated the “special relationship” between the UK and US was “alive and well.” Mr. Musk has emerged as a notable critic of Labour Prime Minister Sir Keir Starmer and has publicly endorsed Reform UK to establish the next government through posts on his social media platform X. Mr. Musk, a native of South Africa, contributed $75m to US President-elect Donald Trump’s re-election campaign, with $72m of this sum directed to America PAC, a political action committee he established. Errol Musk, Mr. Musk’s father, has indicated that the SpaceX and Tesla mogul might even consider acquiring UK citizenship to facilitate a $100m donation to Reform UK. Earlier this month, he informed GB News, “I’m eligible for British citizenship, so is he, I suppose.” The government has pledged to review the regulations governing political donations in the UK, and Sir Keir’s spokesman told reporters on Tuesday that a “relevant update in due course” would be provided. When questioned about the potential influence Mr. Musk could exert in British politics, Mr. Farage told the BBC, “UK trading companies are allowed to give to British politics, and I don’t think that’s going to change any time soon.” He further remarked that the prospect of the Labour government altering donation rules “shows you how worried they are” regarding Reform UK.

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