Elon Musk says will pay more than $11 billion in taxes in 2021

The founder of SpaceX and Tesla, billionaire Elon Musk, said on Monday that for the entirety of year 2021, he will pay over $11 billion in taxes.

“For those wondering, I will pay over $11 billion in taxes this year,” Musk said on Twitter.

His statement comes after US Senator Elizabeth Warren, a long-time advocate for raising taxes on the rich by taxing their overall assets, said on Twitter last week that the tax code must change so that the “Person of the Year will actually pay taxes and stop freeloading off everyone else.”

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