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US backs Elon Musk's bid to overturn €120m EU fine against X
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- Published
- Sep 25, 2026, 12:38 PM UTC
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Businessman and entrepreneur (born 1971)
Elon Reeve Musk is a businessman, industrialist and former public official who is the chief executive officer (CEO) and largest shareholder of Tesla and SpaceX. Musk has been the wealthiest person in the world since 2025, and briefly became the only trillionaire in June 2026; as of September 2026, Forbes estimates his net worth to be US$964 billion.
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The EU had said X "deceives users" by selling blue ticks without "meaningfully verifying" accounts.
The U.S. government is seeking to support Elon Musk's legal challenge against a €120 million EU fine imposed on X.