Elon Musk among billionaires set to donate to Reform UK, says treasurer

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Elon Musk among billionaires set to donate to Reform UK, says treasurer
Author: Harry Taylor and PA Media
Published: Dec, 22 2024 23:21

Nick Candy promises that party will deliver ‘political disruption like we have never seen before’. The treasurer of Reform UK has said that Elon Musk is among a “number of billionaires” interested in donating to Nigel Farage’s party, promising “political disruption like we have never seen before”.

Nick Candy told the Financial Times that the party will raise more funds than “any other political party” for grassroots campaigning, data and polling. He also predicted Reform UK would have more members than Kemi Badenoch’s Conservatives in three months.

He said: “We have a number of billionaires prepared to donate to the party, not just Elon. “The Reform party is the disrupter – this is the seed round, the series A. This will be political disruption like we have never seen before.”. Farage and Candy met Musk at president-elect Donald Trump’s resort Mar-a-Lago in Florida earlier in December.

Candy, 51, who is married to Australian actor and singer Holly Vallance, said the founder of Tesla would be the “first of many wealthy donors legally allowed to donate”. “Even the big Tory donors are calling me,” he told the Financial Times. “A lot of people will join us. The movement has started.”.

Current electoral rules mean that if the tech billionaire was to donate to Reform UK, he would have to do so through one of his UK-based businesses. Parties can accept donations from a number of sources including individuals on the UK electoral register or a UK-registered company.

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