{"id":50613,"date":"2025-07-17T00:38:35","date_gmt":"2025-07-17T04:38:35","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/european-commission-drops-one-of-its-probes-into-musks-spacex-ft\/50613\/"},"modified":"2025-07-17T00:38:35","modified_gmt":"2025-07-17T04:38:35","slug":"european-commission-drops-one-of-its-probes-into-musks-spacex-ft","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/european-commission-drops-one-of-its-probes-into-musks-spacex-ft\/50613\/","title":{"rendered":"European Commission Drops One of Its Probes into Musk\u2019s SpaceX \u2014 FT"},"content":{"rendered":"<ul>\n<li>\n<p>The headline suggesting the <strong>European Commission<\/strong> has dropped one of its probes into <strong>Elon Musk\u2019s<\/strong> (<a href=\"\/stock\/SPX\">SpaceX<\/a>) could not be directly substantiated by recent news searches conducted on July 17, 2025. The available information points to continued and intensified scrutiny by the EU on <strong>Musk&#39;s<\/strong> other major venture, the social media platform <strong>X<\/strong> (<a href=\"\/stock\/X\">X<\/a>).<\/p>\n<\/li>\n<li>\n<p>The <strong>European Commission<\/strong> has been actively investigating <strong>X<\/strong> since December 2023 under the <strong>Digital Services Act (DSA)<\/strong>, a landmark EU content law. These probes are examining <strong>X&#39;s<\/strong> adherence to rules concerning the spread of illegal content, information manipulation, and transparency.<\/p>\n<\/li>\n<li>\n<p>Recent developments, as of January 2025, show the EU demanding more details from <strong>X<\/strong> regarding its algorithms and any future changes to its recommender systems, which are used to personalize content for users. This move comes amidst concerns over <strong>X&#39;s<\/strong> alleged manipulation of its platform to give greater visibility to certain political content.<\/p>\n<\/li>\n<li>\n<p>Furthermore, in July 2024, the <strong>European Commission<\/strong> formally charged <strong>X<\/strong> with violating DSA rules, specifically citing issues with deceptive design related to its blue checkmarks, insufficient advertising transparency, and hindering researchers&#39; access to data. If found in breach of the DSA, <strong>X<\/strong> could face significant fines, potentially up to <strong>6% of its global turnover<\/strong>.<\/p>\n<\/li>\n<li>\n<p>Separately, the <strong>European Union<\/strong> announced in June 2025 that it is closely monitoring changes to <strong>X&#39;s<\/strong> corporate structure following its <strong>$33 billion acquisition by xAI<\/strong>, another <strong>Elon Musk<\/strong>-led company. The EU&#39;s digital watchdog is ensuring that these structural changes do not impact <strong>X&#39;s<\/strong> compliance with its obligations under the DSA.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The headline suggesting the European Commission has dropped one of its probes into Elon Musk\u2019s (SpaceX) could not be directly 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