EU plans major fine for Musk’s X over disinformation, may exceed $1 billion

European Union (EU) regulators are likely to impose major penalties on Elon Musk-owned social media platform, X, for breaching a key law designed to combat illicit content and disinformation, according to a report by The New York Times. The move is expected to escalate tensions between the EU and the United States, as Musk is a close adviser to US President Donald Trump.