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,

Elon Musk, chief executive officer of Tesla Inc., closes his eyes for a moment of silence for Corey Comperatore, who was killed during July's assassination attempt on Donald Trump, during a campaign event at the Butler Farm Show in Butler, Pennsylvania ...

EU regulators would not only factor in X's revenue when tallying a financial penalty, but also the revenue of Musk's other companies like SpaceX, Neuralink, xAI and Boring Company. According to Bloomberg 's report, Tesla's revenue would not be factored into the equation as it is a publicly traded company and not entirely controlled by Musk.