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Elon Musk's X Faces Scrutiny By European Watchdogs After $33 Billion Acquisition By XAI — Platform Could Face Fine, Ban In The EU

2025-06-20 11 Dailymotion

European regulators are examining structural changes at Elon Musk's social media platform X following its acquisition by xAI. On Thursday, the EU announced that it was closely monitoring changes in the corporate structure of X, formerly Twitter, following a $33 billion acquisition by Grok-parent xAI, reported Reuters.