tech
FTC Clears Musk to Acquire SpaceX Alumni Startup Mesh Optical Technologies
FTC cleared Musk to buy Mesh Optical, a startup by ex-SpaceX engineers making optical transceivers for AI data centers.
TL;DR
- The FTC has cleared Elon Musk to acquire Mesh Optical Technologies.
- Mesh Optical was founded by former SpaceX engineers who previously worked on Starlink's optical communication links.
- The startup develops optical transceivers, critical for high-speed, low-power data transfer in AI data centers.
- The FTC's antitrust review was granted early termination, indicating no significant competition concerns.
- This acquisition could help SpaceX address latency issues in its data centers and improve its AI training capabilities.
- Financial terms of the acquisition were not disclosed.