EU investigates the company structure after Musk's acquisition of X by xAI

According to Reuters, the European Union is seeking more information from X platform regarding the changes in the company structure following Elon Musk's $33 billion acquisition of social platform X (formerly Twitter) by xAI. The spokesperson for the European Commission stated that they are closely monitoring the changes in X's corporate structure. Previously, it was reported that EU regulatory agencies are evaluating whether to impose fines on X for violating the Digital Services Act (DSA), with a maximum fine of up to 6% of global revenue. X and xAI have not yet responded to this.