Elon Musk: EU 'Should Be Abolished' After X's €120M Fine

• Elon Musk called for the European Union to be "abolished" after his social media platform, X, was fined €120 million ($140 million) by the bloc.
• X was fined for breaching the EU’s Digital Services Act (DSA), marking the first time the DSA was applied to content-related violations on a social media platform.
• The fine stemmed from X's misleading "blue checkmark" design, inadequate data access for researchers, and insufficient transparency in advertising practices.
• Musk clarified his stance, stating he loves Europe but not the "bureaucratic monster" that is the EU.

Why It Matters: Musk's EU abolition call after X fine signals major tech regulation conflict.