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$10 Billion Tax Bill? That Could Be The Amount Elon Musk Owes

The Tesla CEO is worth roughly $300 billion

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany. Photographer: Liesa Johannssen-Koppitz/Bloomberg via Getty Images (Liesa Johannssen-Koppitz/Bloomberg via Getty Images / Getty Images)

From FoxBusiness.com…

The wealthiest man on the planet could soon be looking at owing the IRS upwards of $10 billion, according to a new report.

The New York Times reported Monday that Tesla CEO Elon Musk, whose net worth is estimated to be the highest in the world at more than $300 billion, could owe 10% of that to the U.S. government under current tax laws due to some stock options set to expire next year.

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