Elon Musk, the world’s richest man, is to spend election night with Donald Trump in Florida at his Mar-a-Lago resort, he said on X/Twitter, Report informs via the BBC.

Mr Musk, the owner of Tesla and X, has aggressively campaigned for the Republican candidate in swing states across the country.

Trump’s campaign is hosting watch parties including at his Mar-a-Lago home and also Palm Beach Convention Center for thousands of supporters.

The tech billionaire has emerged as one of the most important backers of Trump and donated more than $119 million this election cycle to America PAC – a political action committee he created to support the former president.

Musk announced his support for the former president earlier this year, despite saying in 2022 that “it’s time for Trump to hang up his hat and sail into the sunset.”

He posted a photo of himself on Tuesday saying he voted in Cameron County, Texas – where some of his companies are headquartered – before heading to Florida.

At the Palm Beach convention centre on Tuesday night, as the state of Florida was projected as a win for Trump, huge cheers erupted in the crowd.

It was never in doubt that he would carry this former swing state that’s now solidly Republican red, but it has added to the celebratory mood as early results continue to filter in.