Key facts
- The FTC has cleared Elon Musk's potential acquisition of Mesh Optical Technologies.
- Mesh Optical Technologies was founded by former SpaceX engineers.
- Mesh develops hardware for high-speed data center communications.
- The FTC expedited its antitrust review process for the acquisition.
- Elon Musk received the green light to potentially acquire the startup.
The Federal Trade Commission (FTC) has expedited its antitrust review, granting Elon Musk approval to potentially acquire Mesh Optical Technologies. Mesh is a startup founded by former SpaceX engineers that specializes in developing hardware for high-speed data center communications. The FTC's swift action allowed Musk to move forward with the potential acquisition of the technology company.