Billionaire Elon Musk incorporated two new companies in Texas with titles suggesting that he's not done with politics after the presidential election ends. The entities are known as United States of America Inc.

EU regulators would not only factor in X's revenue when tallying a financial penalty, but also the revenue of Musk's other companies like SpaceX, Neuralink, xAI and Boring Company. According to Bloomberg 's report, Tesla's revenue would not be factored into the equation as it is a publicly traded company and not entirely controlled by Musk.

The EU is essentially debating whether Musk himself — instead of X — should face penalties for violating the EU’s Digital Services Act.

Billionaire Elon Musk promoted debunked conspiracy theories about election fraud Thursday at the first of a series of planned campaign events across Pennsylvania.