Online reports that 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 requirements for product changes, which could exceed $1 billion. The penalty is expected to be announced this summer. These will be the first penalties issued under 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 the progress of their investigation into X has nothing to do with Trump tariffs, which began in 2023.