The EU's Digital Services Act allows for fines of up to 6% of yearly global revenue for online platforms failing to manage illegal content, but X could face much higher penalties if regulators include revenues from Elon Musk's other businesses.
Regulators are weighing whether to consider Musk himself as the liable entity for fines, rather than just X, a move that could significantly increase the financial penalties imposed.
The EU is conducting an investigation into potential breaches of the Digital Services Act by X, with the possibility of fines still under deliberation, and X may avoid penalties by addressing the commission's concerns.
This potential inclusion of Musk's other businesses in the fine calculation signifies a new frontier in accountability for tech leaders in their roles managing powerful platforms like X.
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