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.