Elon Musk tax bill: ‘I will pay over $11 billion in taxes this year’

Elon Musk tax bill: 'I will pay over  billion in taxes this year'

Tesla TSLA, -3.50% CEO and SpaceX founder Elon Musk claims he will pay billions in taxes this year.

In a Sunday night tweet sent to Musk’s over 67 million Twitter TWTR, -0.21% followers, Musk says his tax bill for this year will exceed $11 billion.

The announcement comes shortly after a public spat with Sen. Elizabeth Warren over taxes after the Massachusetts Democrat suggested that Musk has been unfairly allowed to not pay taxes. “Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,” Warren wrote on Twitter.

“You remind me of when I was a kid and my friend’s angry Mom would just randomly yell at everyone for no reason,” Musk answered back.

Billionaires including Musk, Amazon’s AMZN, -1.73% Jeff Bezos, and Berkshire Hathaway’s BRK.B, -1.38% Warren…

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