The European Union is reportedly preparing to fine Elon Musk's social media platform X over $1 billion for violations of the Digital Services Act. Following nearly a year of scrutiny, the EU aims to establish a precedent by holding X accountable for its non-compliance with regulations governing technology companies. Alongside the financial penalty, X is expected to face additional operational changes mandated by the EU. Musk's team has claimed that these actions represent political censorship. The fine and penalties are anticipated to be finalized later this summer.