Musk tweeted the amount Sunday without providing any additional information or details about his accounting.
“For those wondering, I will pay over $11 billion in taxes this year,” Musktweeted.
CNBC estimates he should pay a total of$12 billion in taxesin 2021.
Musk and other tech CEOs have faced criticism for the amount they pay in taxes each year.
This is said to be due to how they structure their income.
Last week, Tesla and SpaceX drew negative attention on other matters as well.
The companies, both owned by Musk, have faced sexual harassment claims.
