Tesla launches cheaper version of Model 3 in Europe amid Musk sales backlash

SpaceX is preparing to sell insider shares, potentially valuing the company at over $500 billion, surpassing OpenAI's previous record. This move reflects strong investor interest and confidence in Elon Musk's aerospace venture, as reported by Bloomberg's Ed Ludlow.

SpaceX is set to offer insider shares at a valuation exceeding $500 billion, surpassing OpenAI's previous record. This move indicates strong investor confidence in Elon Musk's rocket and satellite company, reflecting its growing prominence in the aerospace sector.

The European Union has imposed a €120 million ($140 million) fine on Elon Musk's social media platform, X, for violating content-moderation laws. This penalty highlights ongoing tensions between the EU and the Trump administration regarding online transparency and regulatory compliance.

The European Union has fined Elon Musk's social media platform, X, €120 million ($140 million) for violating content-moderation laws, as stated by EU Ambassador to the US, Jovita Neliupšienė. This fine reflects the EU's commitment to enforcing compliance with its digital regulations, which are designed to ensure accountability among major tech companies.

A $700 million settlement has been reached for individuals who made purchases on Google Play between 2016 and 2023, specifically for accounts located in the US. Eligible users can expect to receive a cash payout as part of this settlement process.

Elon Musk's social media platform, X, has been fined €120 million ($140 million) by the European Union for violating content moderation laws under the Digital Services Act. This penalty marks the first significant enforcement action against a major platform since the implementation of these new regulations.

Finnish satellite developer Iceye has successfully raised funds at a valuation of €2.4 billion ($2.8 billion), reflecting the growing trend of increased military spending across Europe. This funding is particularly significant as it aligns with the heightened focus on defense capabilities in the region.

The European Commission has imposed a €120 million fine on Elon Musk's social media platform X for breaching social media regulations, leaving users exposed to scams and manipulation. The violations included issues related to deceptive verification badges and insufficient transparency in advertising practices.