Musk receives approval to acquire optical module company Mesh, boosting the potential of SpaceX's computing power business
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Glonghui, June 28|Musk's business empire continues to expand. The United States Federal Trade Commission (FTC) has approved the acquisition of optical communications company Mesh Optical Technologies, marking another success in SpaceX's recent spate of acquisitions. Mesh was founded by former SpaceX engineers and focuses on optical communications technology for data centers, claiming its optical transceivers offer higher energy efficiency and lower latency compared to existing solutions. In February this year, the company emerged from “stealth mode” and announced the completion of a $50 million funding round led by Thrive Capital. This acquisition marks the latest development in a string of SpaceX expansion moves. Previously, SpaceX acquired AI programming startup Cursor and signed multiple computing power cooperation agreements with Anthropic, Google, and AI startup Reflection. These moves are closely tied to the commitments made at SpaceX’s IPO, with the company emphasizing large-scale satellite deployment and space AI computing power as the core narrative for growth.
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