EU Weighs $1 Billion Fine Against X for Alleged Violations

European Union regulators are considering imposing a $1 billion fine on Elon Musk’s X, citing violations of the Digital Services Act. The proposed penalty is linked to X’s revenue across its various ventures, including Tesla and SpaceX, according to reports from The New York Times. EU authorities allege that X has failed to comply with the act’s provisions for illegal content and misinformation, potentially leading to a hefty fine.