The world richest’s person Elon Musk and Chief Executive officer of Tesla Inc, said on Twitter that he’d pay more than $11 billion( Rs 85,000 crore) in taxes this year, an amount that could constitute a record payment the US Internal Revenue Service.

The billionaire may face a tax bill of more than $10 billion for 2021 if he exercises all his options due to expire next year, calculations last week by media reported.

The world richest’s person Elon Musk and Chief Executive officer of Tesla Inc, said on Twitter that he’d pay more than $11 billion( Rs 85,000 crore) in taxes this year, an amount that could constitute a record payment the US Internal Revenue Service.

• Raymond Jumps 4% on Ex-BEL Chief’s Defence Appointment
• Supriya Lifescience Falls 12% on NDPS Act Proceedings
• Radico Hits Record High as Magic Moments Sales Soar 43%
• GK Energy Rallies on Rs 235.92 Crore Solar Pump Order
• Cupid Hits Fresh 52-Week High on Rs 128 Crore Block Deal

The billionaire may face a tax bill of more than $10 billion for 2021 if he exercises all his options due to expire next year, calculations last week by media reported.