Space
Billionaire Backs Space-Laser Solar Startup After Robinhood Exit
- Baiju Bhatt’s new company wants to make solar power from orbit
- Robinhood co-founder has invested in several space ventures
Baiju Bhatt
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The billionaire co-founder of Robinhood Markets Inc. is targeting outer space with a new Silicon Valley startup to build a network of solar power stations in orbit.
Baiju Bhatt, who stepped down as the online brokerage’s chief creative officer in March, is the founder and chief executive officer of Aetherflux, which aims to create a constellation of satellites that will collect solar power.