SpaceX Gets Green Light to Acquire Former Engineers’ Startup for AI Expansion

In a significant development, SpaceX has secured approval from the US Federal Trade Commission (FTC) to acquire Mesh Optical Technologies. This strategic acquisition involves a startup founded by former engineers of SpaceX itself. The decision comes as part of SpaceX’s broader agenda to bolster its artificial intelligence (AI) capabilities following its record-breaking initial public offering (IPO).
Mesh Optical Technologies specializes in developing optical transceivers that utilize light for data transmission between data centers. This technology promises reduced latency and increased energy efficiency over traditional methods. According to [Bloomberg](https://www.bloomberg.com/news/articles/2026-06-26/musk-cleared-by-ftc-to-buy-spacex-alumni-firm-mesh-in-m-a-push?taid=6a3ecf9f4493680001f19ba3&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter), the FTC recognized the deal as non-threatening to market competition and completed the antitrust review swiftly.

Strategic Moves in AI Infrastructure

The acquisition of Mesh follows closely on the heels of another purchase—AI startup Cursor—demonstrating SpaceX’s commitment to expanding its AI infrastructure. Such acquisitions are part of an overarching strategy unveiled by Elon Musk during the company’s IPO proceedings. These initiatives include constructing new data centers in Tennessee and Mississippi and securing access agreements for proprietary chips and computing resources with entities like Anthropic, Google, and Reflection.
Notably, Mesh’s technology may also play a pivotal role in developing SpaceX’s ambitious space-based computational network named Starmind, which aims to utilize laser communication between satellites for high-speed data transfer.

Post-IPO Expansion: New Ventures and Innovations

After going public with one of history’s largest IPOs—raising $75 billion at $135 per share—SpaceX has been actively investing in technological advancements. Beyond acquisitions, it continues exploring other strategic projects such as “super app” X. This initiative includes launching financial services under X Money, recently made available to select premium users in the United States.
The rapid growth trajectory post-IPO saw SpaceX’s stock soar past $210 per share within days, positioning it among the top six most valuable publicly traded companies worldwide.
As these developments unfold, they underscore how SpaceX strategically leverages innovation and expansion efforts across multiple domains—from ground-based AI enhancements through cutting-edge optical technologies—to space-driven solutions like Starmind.
These advances not only highlight significant strides made by one company but also signal potential transformative impacts across various sectors within our increasingly digital world—including cryptocurrency markets where efficient data handling remains crucial amidst evolving demands globally.