BREAKING: The FTC cleared SpaceX to acquire Mesh Optical Technologies, a SpaceX-alumni startup making 1.6 terabit per second optical transceivers for AI data centers, Bloomberg reported (Source: Bloomberg, June 26, 2026). The FTC granted early termination of its antitrust review on June 25, 2026, with no significant competition concerns flagged. Mesh was founded in 2025 by 3 former SpaceX engineers. Travis Brashears, Cameron Ramos and Serena Grown-Haeberli built the laser communication system that connects thousands of Starlink satellites to each other in orbit. They left SpaceX to apply the same optical technology to data centers on the ground. Mesh's Alpha C1 chip converts electrical signals to light at 1.6 terabits per second. It replaces copper cables that currently connect GPUs inside AI data centers. Copper interconnects burn power and run hot. Optical interconnects are faster, cooler and more efficient. Mesh came out of stealth in February 2026 with a $50 million Series A led by Thrive Capital. Less than 5 months later it is being acquired. The acquisition fits into Musk's broader AI infrastructure stack. SpaceX bought Cursor for $60 billion this month. Now the optical layer is joining the portfolio. Financial terms were not disclosed.