Justin Merriman/Bloomberg via The European Union is considering levying fines against Elon Musk over his unwillingness to cooperate with an investigation into X’s moderation and advertising policies.

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.

One of the EU’s most senior politicians has branded Elon Musk a “promoter of evil” in a major escalation of the war of words between Brussels and the outspoken tech billionaire.