UK Reform is in "open talks" with US billionaire Elon Musk about a donation to the party, Nigel Farage has told the BBC.
The UK Reform leader said the two men "talked about money" during a meeting at Donald Trump's Florida mansion on Monday.
He added that the tech mogul, a prominent supporter and major donor to Trump's re-election campaign, was "totally, totally behind us".
"He wants to help us, he's not against giving us money, as long as we do it legally through British companies," he added.
This is the first time Farage has said his party is in talks about a possible donation from Musk, the owner of social networking site X and carmaker Tesla. French Big news for me about Elon Musk donation, says Farage
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Earlier this month, Farage said that while Musk is a political supporter, he had not asked for a donation and "has never been offered a donation".
As a US citizen, Musk cannot make personal political donations in the UK.
But reports have suggested a donation could be made through X's UK branch.
Speaking to BBC political editor Chris Mason, Farage said that "they have not discussed specific figures" about a possible donation, adding that the party was "in talks" on the matter.
But he added that speculation that the billionaire could make a donation of up to $100 million (£78 million) was "a little crazy". Farage previously said the UK election watchdog "considers that a donation from a company should be proportionate to the size of the company in that country".
Mar-a-Lago meeting
It comes after Reform UK said Farage, along with the party's new treasurer Nick Candy, met Musk at Mar-a-Lago for an hour on Monday and "learned a lot from Musk about Trump turf".
Farage posted a photo of himself on X alongside Mr Musk and Mr Candy, who was announced as the party's treasurer last week, in front of a painting of Trump hanging in the Mar-A-Lago compound.
He added that "Britain needs reform", to which Musk replied: "Absolutely".
Reform UK thanked the US president-elect for allowing them to use the building for the meeting, adding that it showed the "special relationship" between the UK and the US was "alive and well". Musk has become a prominent critic of Labour Prime Minister Sir Keir Starmer and has backed Reform UK to form the next government in posts on his social media platform X.
Mr Musk, who was born in South Africa, has donated $75 million to Donald Trump's re-election bid, $72 million of which went to a political action committee he set up, called America PAC.
Musk's father, Errol, has suggested that the SpaceX and Tesla tycoon may be willing to become a British citizen in order to donate $100 million to Reform UK.
Earlier this month he told GB News: "I'm eligible for British citizenship, and so is he, I think."