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Reform UK leader Nigel Farage speaks during the New York Young Republican Club's annual gala at Cipriani Wall Street, Sunday, Dec. 15, 2024, in New York. (AP Photo/Yuki Iwamura)

Elon Musk considers funding Nigel Farage's populist party, a move that could shake up UK politics

British politician Nigel Farage says talks are underway about Elon Musk making a hefty donation to Farage’s party Reform U.K. The Times of London reported it could be as much as $100 million, which would be the largest political donation in U.K. history

By JILL LAWLESS
Published - Dec 19, 2024, 11:08 AM ET
Last Updated - Dec 19, 2024, 11:08 AM EST

LONDON (AP) — It’s a photo that sent a tremor through British politics: Elon Musk flanked by British politician Nigel Farage and a wealthy backer, in front of a gilt-framed painting of a young Donald Trump.

Taken this week at Trump’s Mar-a-Lago estate in Florida, the image suggested that Musk, a key player in the incoming U.S. administration, could soon turn his disruptive attention to the U.K.

Farage, Trump’s highest-profile British champion, confirmed talks are underway about Musk making a hefty donation to Farage's party Reform U.K. The Times of London reported it could be as much as $100 million, which would be far and away the largest political donation in U.K. history. The reports have sparked calls for Britain’s rules on political donations to be tightened — quickly.

“We did discuss money,” Farage told broadcaster GB News after the meeting with Musk. “That’s a negotiation we will go back and have again. He is not against giving us money. He hasn’t fully decided whether he will.”

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