According to the New York Times, four people familiar with the matter revealed that EU regulators are preparing to impose major penalties on Musk's social media platform X for violating the EU's Digital Services Act (DSA). Penalties will include fines and demands for product changes, with the amount of fines that may exceed $1 billion. The penalty is expected to be announced this summer. This will be the first penalties issued by the DSA, and one source said regulators are trying to use X as an example to prevent other companies from violating the DSA. EU officials said their investigation into X had nothing to do with Trump's tariffs, which began in 2023.