What is circulating
“Sen. Bernie Sanders posted on X on 12 June 2026: "Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500."”
Claimed by Bernie Sanders · social media
The facts
PolitiFact rated the claim Mostly True. Wages above the 2026 cap of $184,500 are not subject to Social Security tax, so the maximum employee payment is $11,439. Musk takes no Tesla salary and a SpaceX filing shows $54,080, so in years without payroll-taxed stock compensation he could pay less than a worker earning $184,500.