EU Threatens X with Hefty Fines Using Musk's Other Companies' Revenue

The European Union considers including revenue from Elon Musk's other ventures to calculate potential fines for X's alleged violations of the Digital Services Act.

The European Union is investigating X for potential breaches of the Digital Services Act, focusing on issues like advertising transparency and data access.
EU regulators may calculate fines by including revenue from Musk's private companies such as SpaceX, Neuralink, xAI, and the Boring Company, but not Tesla.
Musk has publicly vowed to challenge any penalties, suggesting a court battle to address the EU's concerns over X's content moderation policies.
The potential fines could reach up to 6% of the combined global revenue of Musk's companies, significantly increasing the financial stakes.
The EU's actions are part of a broader effort to enforce online content regulations and combat disinformation on major platforms.