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10/18/2024 12:10:38 PM (GMT+1)

The European Union threatens Elon Musk with fines of up to 6% of the global annual revenue of his companies, including X, SpaceX, and Neuralink, for violations of the Digital Services Act (DSA) 🌍💶

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The European Union has threatened Elon Musk with significant financial sanctions concerning his social network X and other companies, including SpaceX and Neuralink. The reason is possible violations of the Digital Services Act (DSA), which requires strict content moderation and transparency.

Fines could reach up to 6% of the global annual revenue, affecting not only X but also Musk’s other businesses.

Although Musk recently avoided restrictions under another EU law, X is still under close scrutiny for content moderation, and potential fines could significantly impact his companies.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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