According to Wall Street Journal, the EU plans to impose a heavy punishment of more than $1 billion on Musk's social platform X, because X is suspected of violating the Digital Services Act and failing to effectively regulate the platform's false information and illegal content. Regulators are also pushing for a second investigation into X and may include revenue from Musk's other private companies in the fine base, with the final fines far exceeding expectations. Analysts believe that the EU's recent regulation of technology companies may be one of the reasons why Trump announced high tariffs on the EU this week. The New York Times quoted four people familiar with the matter and said that EU regulators are preparing to impose heavy penalties on Musk's social platform X for suspected violations of the Digital Services Act (DSA) regulations on combating illegal content and false information. The penalty is expected to be officially announced this summer, or it may be the first official penalty issued by the EU under the law.