The European Commission has been investigating X for several potential breaches of the Digital Services Act, newly introduced rules meant to ensure platforms police illegal content. The EU is leading a global crackdown on harmful online content and disinformation that’s sparked increasingly vocal responses from Musk, who has said such measures restrict free speech.
The European Union has warned X that it may calculate fines against the social-media platform by including revenue from Elon Musk’s other businesses, including Space Exploration Technologies Corp. and Neuralink Corp., an approach that would significantly increase the potential penalties for violating content moderation rules.
BREAKING: The European Union has warned 𝕏 that it could calculate fines by factoring in revenue from Elon Musk’s other companies like SpaceX & Neuralink.
Under the Digital Act, the EU can fine platforms up to 6% of their annual global revenue for not addressing disinformation.