Reform UK’s newly appointed treasurer Nick Candy has disclosed he exchanged messages with Elon Musk today, fuelling speculation about potential financial backing from the world’s richest man for Nigel Farage’s political party.
Candy, a property tycoon and husband of singer Holly Valance, confirmed the communication during an interview with Sky News’ political editor Beth Rigby, though remained tight-lipped about specifics. “I was messaging him this morning,” Candy said. “I cannot further discuss that. We were speaking directly.”
The revelation comes amid swirling rumours of a possible multi-million-pound donation from Musk to Reform UK. While Candy acknowledged there have been “no conversations yet” regarding donations, he added: “If Elon wants to give it… then of course Reform would be very interested in that.”
Party leader Nigel Farage, speaking alongside Candy, moved to dismiss reports of a potential £80m donation as “a story without any basis in fact.” He did, however, acknowledge Musk’s support, stating: “Elon Musk is very supportive of what Reform is trying to do, supportive of me personally. And we’ve got the connections with him, and Nick’s got good connections with him as well.”
Candy, a former Conservative Party member, explained his defection to Reform UK citing “too many broken promises” and a “breach of trust with the wealth creators in our country.” He will officially assume his fundraising role in the new year, marking what the party describes as its “latest coup” following recent high-profile Tory defections, including former minister Andrea Jenkyns.
The appointment comes as Reform UK prepares for local elections in May, with Farage emphasising improved vetting procedures for candidates following previous controversies. The party has been gaining momentum, though Farage admitted that racist and homophobic comments made by some candidates in the July general election had “hugely” damaged their campaign.
Musk has previously expressed support for Reform UK on his X social media platform, even suggesting the party could win the next general election. While political backing appears certain, the extent of any financial support remains unclear.
