Speaking at party conference, its leader calls reports of tech mogul’s potential $100m donation ‘somewhat overexaggerated’

Nigel Farage has hailed Elon Musk as a “hero” and said he was “very pleased he’s backing our party”, but he called reports that the tech mogul was preparing to donate $100m (£80m) to Reform UK “somewhat overexaggerated”.

Speaking at Reform’s East Midlands conference on Friday night, the party leader said Musk’s efficiency plan for Donald Trump’s government was the “blueprint we need” as he called for a “complete change of culture in Britain”.