Why Elon Musk will end up with an $11 billion tax bill this year

So, all told, the federal tax bill on his 2021 stock trades comes to about $8.4 billion. But he’s likely not done yet. Elon Musk departs from the justice center in Wilmington, Del., Tuesday ...


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Why Elon Musk Will End Up With An $11 Billion Tax Bill This Year

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So, all told, the federal tax bill on his 2021 stock trades comes to about $8.4 billion. But he’s likely not done yet. Elon Musk departs from the justice center in Wilmington, Del., Tuesday ...

cnn.com

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Elon Musk’s US Tax Bill: $11 Billion. Tesla’s: $0 | CNN Business

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Feb 10, 2022  · Elon Musk has repeatedly bragged (or, perhaps, complained) that he’ll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently …

cnn.com

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Musk Says His Tax Bill For 2021 Was Over $11 Billion

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Dec 20, 2021  · If Musk’s tweet is to be believed, his check will be larger than the GDPs in Burundi, South Sudan, Somalia and just shy of Mozambique’s projected $13.96 billion in 2021.

foxbusiness.com

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Why Elon Musk Will End Up With An $11 Billion Tax Bill This Year

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Dec 20, 2021  · Elon Musk says his tax bill this year will be $11 ... and had 22.9 million of those options vest over subsequent years as Tesla hit certain operational and financial targets. ...

abc12.com

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Elon Musk Says He Will Pay Over $11 Billion In Taxes This Year ...

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Dec 20, 2021  · Tesla CEO Elon Musk says his tax bill will be over $11 billion this year. ... 2021. Musk has exercised a large number of Tesla share options this year and must pay tax on the …

businessinsider.com

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Elon Musk’s $11B Tax Bill – Here’s Why He’s Paying So Much

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Dec 21, 2021  · Elon Musk says his tax bill this year will be $11 billion, and he's probably right: The filings he has made with the Securities and Exchange Commission about his recent stock …

wraltechwire.com

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Elon Musk’s $11 Billion Tax Bill: Biggest In History

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Dec 20, 2021  · According to Bloomberg, the billionaire may face a tax bill of more than $10 billion for 2021 if he exercises his options, which are due to expire next year. Musk exercised 15 …

deseret.com

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Elon Musk Says He Will Have Paid Over $11 Billion In Taxes This …

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Dec 21, 2021  · In a tweet sent on Monday, Elon Musk revealed that he will pay $11 billion in taxes in 2021. It is certainly the largest individual tax bill of the year. It might be the largest bill ever.

celebritynetworth.com

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Elon Musk Says He’ll Pay Over $11 Billion In Taxes This Year

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Dec 20, 2021  · Elon Musk, the world’s richest person and chief executive officer of Tesla Inc., said on Twitter that he’ll pay more than $11 billion in taxes this year, an amount that could …

bloomberg.com

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Elon Musk Says He’ll Pay $11B In Taxes This Year - New York Post

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Dec 20, 2021  · Elon Musk faces a massive $15 billion tax bill in August 2022 when his 2012 stock options expire. Win McNamee/AFP via Getty Images Musk, 50, doesn’t draw a salary from the …

nypost.com

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Tesla's Musk Says To Pay Over $11b In Taxes This Year - CGTN

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Dec 20, 2021  · The $11 billion in taxes, if paid, will be a record payment to the U.S. Internal Revenue Service, according to Bloomberg. The unusually high tax bill comes after Musk …

cgtn.com

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Elon Musk Flaunts 2021 Tax Tab On Social Media: ‘I Will Pay Over $11 ...

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Dec 21, 2021  · Key Words Elon Musk flaunts 2021 tax tab on social media: ‘I will pay over $11 billion in taxes this year’ Musk, who has been selling billions of dollars’ worth of Tesla stock in …

marketwatch.com

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Elon Musk Says He'll Pay Over $11 Billion In Taxes This Year - TMZ

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Dec 20, 2021  · Whether he did it to get ahead of the curve or not, Elon's lump sum of $11 billion-plus will go down as one of the highest tax payments in U.S. history, if not the largest. That's …

tmz.com

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'Elon Musk Has Killed The Bill': Tech Billionaire Flexes Newfound ...

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Dec 19, 2024  · Musk posted to X about the funding bill more than 100 times over the course of the day. ... And he reposted a false post alleging the bill includes $3 billion for a new NFL …

nbcnews.com

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Elon Musk Claps Back At Elizabeth Warren Claim That He Paid 'zero' …

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Feb 21, 2022  · musk says his tax bill for 2021 was over $11 billion Musk responded to a Twitter post that quoted part of Warren's claim but omitted the reference to 2018. "You know how …

foxbusiness.com

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Tesla Asks Shareholders To Vote Again On Musk's $56 Billion Payout

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Apr 17, 2024  · Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive.

cnbc.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about Why Elon Musk will end up with an $11 billion tax bill this year Coupon?

How much tax will Elon Musk pay in 2021?

In Grünheide near Berlin, September 3, 2020. Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history. "For those wondering, I will pay over $11 billion in taxes this year," the Tesla CEO tweeted on Monday. That's close to a CNBC estimate that Musk was set to pay a total of $12 billion in taxes in 2021. ...

How much will Elon Musk owe in taxes this year?

Tesla CEO Elon Musk says his tax bill will be over $11 billion this year. The information came amid speculation over how much he will be paying following his spat with Elizabeth Warren over how much he pays in taxes. Insider's Jason Lalljee and Andy Kiersz reported last week that Musk could owe about $12 billion in taxes this year. ...

What will Elon Musk's tax bill look like in 2022?

Elon Musk faces a massive $15 billion tax bill in August 2022 when his 2012 stock options expire. Musk, 50, doesn’t draw a salary from the electric car company he founded. His fortune comes from stock awards and the gains in Tesla’s share price. ...

Did Elon Musk 'freeload' by not paying taxes?

Sen. Elizabeth Warren slammed Elon Musk for "freeloading" by not paying taxes. Win McNamee/AFP via Getty Images Elon Musk, the world’s richest person with a fortune estimated at $243 billion, said he will pay $11 billion in taxes this year. ...

How much money does Elon Musk have?

Musk’s net wealth is currently estimated to sit at around $243 billion, according to Bloomberg ’s Billionaires Index, almost $50 billion more than Amazon founder Jeff Bezos with a reported $195 billion. Elon Musk expects to pay over $11 billion in taxes in 2021. CNBC said the figures could represent “the single largest tax bill ever.” ...

Did Elon Musk pay zero taxes in 2018?

Tesla CEO Elon Musk clapped back at Sen. Elizabeth Warren, D-Mass., who claimed that he had paid "zero" in taxes in 2018. Musk cited his multi-billion-dollar anticipated tax bill for 2021. "Elon Musk in 2018, we've actually seen his tax returns," Warren said Sunday. "You know how much he paid in taxes, one of the richest people in the world? Zero." ...

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