Business · 2h ago
FTC Clears Musk's Acquisition of SpaceX Alumni Startup Mesh
The FTC has approved Elon Musk's acquisition of Mesh, a startup founded by former SpaceX engineers. Mesh emerged from stealth in February with a $50 million Series A. The deal signals Musk's continued expansion into connectivity and infrastructure ventures.
Meridian48 take
The approval raises questions about Musk's growing influence across multiple tech sectors, though the FTC's decision suggests no immediate antitrust concerns.
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