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.

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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.