Aetherflux, a space-based solar startup founded by billionaire Robinhood co-founder Baiju Bhatt, is aiming to harness solar power from space in a unique way. Bhatt, with a net worth of $1.7 billion, is self-funding Aetherflux and has already invested millions into the venture.
The idea of space-based solar power is still in the theoretical stage, but Bhatt is determined to turn it into a reality. His vision is to commercialize space solar power and make it a renewable energy source that can be accessed globally. The concept involves building a network of solar power stations in orbit to transmit energy to Earth, potentially revolutionizing energy distribution.
Bhatt’s interest in space ventures stems from his childhood, where he was inspired by his father’s career at NASA. With a background in STEM and a passion for space, Bhatt founded Aetherflux after leaving Robinhood. The startup is currently working on its first mission, aiming to launch a demonstration spacecraft in late 2025 or early 2026.
In addition to Aetherflux, Bhatt has also invested in other space startups, such as Reflect Orbital. His goal is to unlock the potential of space-based solar power and provide renewable and affordable energy to various industries and regions, including remote military bases, islands, and disaster-stricken areas.
Through his LinkedIn post, Bhatt shared his journey from being a physics and mathematics student at Stanford to co-founding Robinhood and now venturing into space-based solar power. His dedication to democratizing finance with Robinhood has now transitioned into a mission to democratize energy with Aetherflux.
As Aetherflux moves towards making space-based solar power a reality, the comparisons to terrestrial solar power will become more tangible. Bhatt’s commitment to funding the venture through its first demonstration mission showcases his belief in the potential of space-based solar power to transform the energy sector.
Overall, Baiju Bhatt’s support for Aetherflux and space-based solar power represents a significant step towards harnessing renewable energy sources and revolutionizing energy distribution on a global scale. His journey from finance to space exploration highlights the power of innovation and dedication in creating a sustainable future for generations to come.
