Elon Musk Secures FTC Clearance to Acquire SpaceX Alumni Startup Mesh Optical Technologies
Article excerpt
Highlighted: the sentence this signal was extracted from
Elon Musk has secured regulatory clearance from the Federal Trade Commission to acquire Mesh Optical Technologies Corp., an AI-focused data center infrastructure startup founded by former SpaceX engineers. According to official early termination notices published by the FTC, the transaction - listed under transaction number 20261601 with Musk designated as the acquiring party - was granted regulatory approval on June 25, 2026. The approval allows Musk to advance his aggressive push into hardware infrastructure and mergers and acquisitions. The transaction comes on the heels of a massive wave of capital deployment across Musk's technological empire, following SpaceX's historic initial public offering earlier this month. Financial terms of the acquisition have not yet been disclosed by either party. SpaceX stock eased about 0.1% on Friday and has lost about 17% this week. Mesh Optical Technologies is an independent startup that designs advanced optical transceivers specifically engineered for artificial intelligence data centers. The company closed a $50 million Series A funding round in February 2026 to scale its high-speed data architecture. In modern high-performance computing, traditional copper cables suffer from physical limitations in speed, bandwidth, and heat generation. Mesh addresses this critical digital...
Keep reading with a free account
The rest of this article, and every signal for SpaceX, is in your free account.
