The European Union is seeking more information from Elon Musk’s social media platform X, following its corporate restructuring under xAI in a $33 billion deal. A spokesperson for the European Commission confirmed Thursday that regulators are closely monitoring changes to the company’s structure, but declined to confirm a Bloomberg report suggesting that fines under the Digital Services Act (DSA) are imminent. The DSA subjects large platforms to strict content and transparency standards, and violators can face fines of up to 6% of global turnover.
X previously came under fire from the Commission for allegedly deceptive design changes, particularly turning its blue checkmark into a paid feature that regulators said could mislead users about account credibility. The platform recently added a disclaimer to the feature in a possible effort to avoid sanctions. A final decision on fines could be announced before the EU’s August recess, though delays are possible. Neither X nor xAI responded to requests for comment.
