FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

In Brief

Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by 3 erstwhile SpaceX engineers past twelvemonth processing hardware for accelerated information halfway communications.

The imaginable acquisition, which was revealed successful a Federal Trade Commission filing and archetypal reported by Bloomberg, confirmed the bureau expedited its antitrust review.

Mesh Optical came retired of stealth successful February erstwhile it announced that it raised a $50 cardinal Series A led by Thrive Capital.

Before founding Mesh Optical, the startup’s co-founders, Travis Brashears, Cameron Ramos, and Serena Grown-Haeberli, developed the optical connection links that support thousands of SpaceX’s Starlink satellites interconnected.

The Mesh co-founders saw an accidental to make optical transceivers for terrestrial information centers, arsenic light-based hardware is faster and much energy-efficient than accepted electrical-based systems.

SpaceX has precocious entered into agreements with Anthropic, Google, and the open-source AI developer Reflection AI to supply them with compute capableness astatine its information centers, generating a important caller gross watercourse for the recently nationalist company. Acquiring Mesh could yet let SpaceX to amended the ratio of its information centers, whether they are located connected Earth or, successful the future, successful space.

Subscribe for the industry’s biggest tech news