FTC approves Musk's acquisition of Mesh antitrust application involving AI-related data center optical network layout

According to the latest disclosure documents from the U.S. Federal Trade Commission (FTC), Musk has obtained antitrust approval to acquire optical network startup MeshOptical Technologies, which means that the FTC has completed a rapid antitrust review and will not question the transaction on the grounds of competition, clearing the main regulatory obstacles to the advancement of the transaction, but has not yet disclosed whether the transaction has been signed or completed.<br /> Mesh was founded by former SpaceX engineers. Its core product is optical transceivers for AI data centers. Compared with traditional network hardware, it can improve energy efficiency, reduce latency, and enhance reliability to meet the millions brought by the growth of AI computing power clusters. Optical connectivity needs. The founding team has participated in the development of laser communication systems for the SpaceX satellite link satellite network and plans to deploy optical communication technology into space in the future to adapt to the inter-satellite laser communication needs of orbital data centers and AI satellite networks. In February this year, the company completed more than US$50 million in financing led by ThriveCapital.<br /> The acquisition of Mesh is one of SpaceX's measures to strengthen the competitiveness of large-scale computing power clusters. At present, SpaceX has listed AI computing power as its core business segment. Its xAI has operated Colossus and Colossus II training clusters with a total of approximately 1GW of computing power, making it the first company to deploy a consistent gigawatt AI training cluster; Among them, Colossus II will add more than 400MW of computing power and add more than 220,000 GB300 chips. Currently, it has signed computing power cooperation agreements with Anthropic, Google, ReflectionAI, etc., directly benchmarking against ultra-large cloud manufacturers such as Amazon Cloud, Microsoft Azure, and Google Cloud. SpaceX also reached a Terafab chip manufacturing plan with Tesla and Intel during the year to extend its vertical integration capabilities at the chip design and manufacturing end.<br /> SpaceX's stock price ended its upward trend in the past week, closing at US$153.23/share, down more than 32% from its peak of US$225.64/share.