Elon Musk says he will pay a RECORD $11 billion in taxes this year

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SpaceX and Tesla founder Elon Musk reported on social media that he will have to pay over $11 billion in taxes this year, after adding things up. This after Senator Elizabeth Warren slammed him for being a “freeloader” and not paying enough in taxes.

Musk’s tax bill for 2021 is set to be the highest individual single tax payment in the US ever, says Bloomberg. Bloomberg goes on to say that the huge number is likely due to the fact that Musk will almost certainly exercise several options due to expire soon.

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