FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

[littlemissmartypants]

Source: Tech Crunch/Bloomberg

Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications.

The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review.

Mesh Optical came out of stealth in February when it announced that it raised a $50 million 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 communication links that keep thousands of SpaceX’s Starlink satellites interconnected.

Read more: https://techcrunch.com/2026/06/26/ftc-gives-musk-the-ok-to-acquire-spacex-alumni-startup-mesh/

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By Marina Temkin
Posted: 5:38 PM PDT · June 26, 2026

FTC Filing:
https://www.ftc.gov/legal-library/browse/early-termination-notices/20261601

Bloomberg link:
https://www.bloomberg.com/news/articles/2026-06-26/musk-cleared-by-ftc-to-buy-spacex-alumni-firm-mesh-in-m-a-push

Mesh aims to mass-produce optical transceivers, devices that convert optical signals from fiber or laser into electrical signals for computers.
https://techcrunch.com/2026/02/17/spacex-vets-raise-50m-series-a-for-data-center-links/

[mdbl]

1. The FTC under this administration is a joke.