Elon Musk could face a hefty fine as European regulators look at including revenues from the billionaire’s business empire to calculate a potential fine against social media platform X.
Under the bloc’s Digital Services Act (DSA), a landmark piece of legislation aimed at setting the rules on how tech companies should police the internet, companies that fail to curb illegal content and disinformation face penalties of up to 6 per cent of their annual global turnover.
The European Commission is considering whether revenue from Musk’s other businesses, such as SpaceX and Neuralink, should also be included, in a move that would dramatically increase the potential penalty.
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