Elon Musk’s attempt to turn blue checks into a revenue stream for X has hit a major hurdle. The European Commission, the EU’s executive branch responsible for enforcing the bloc’s laws, just hit X with a fine of 120 million euros (about $140 million) for breaking transparency obligations under its Digital Services Act.

The double standard here undermines public trust and demonstrates how Paramount’s capitulation has compromised CBS News’s independence,” Jamie Raskin wrote Wednesday

The European Union fined Elon Musk’s X $140 million, a move that risks retaliatory measures from the Trump administration. The European Commission implemented the fine on Friday, the first under the 27-nation bloc’s Digital Services Act.