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Dubai News Club > Tech > The EU may fine Elon Musk’s other companies for X violations
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The EU may fine Elon Musk’s other companies for X violations

Press Room
Last updated: 2024/10/17
Press Room
Published: October 17, 2024
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The European Union has reportedly warned X that it could use the revenue of several companies owned by Elon Musk to calculate fines levied against the platform for violating social media laws. European regulators may take the annual revenues of Musk’s other companies — including SpaceX, Neuralink, xAI, and the Boring Company — into account to calculate fines, people familiar with the matter told Bloomberg.

X is being investigated for potentially violating several provisions of the…

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