Robinhood Co-founder Bets on Space-Based Solar Power

Baiju Bhatt's New Venture: Aetherflux and Space-Based Solar Power

Baiju Bhatt, recognized as a co-founder of Robinhood, played a pivotal role in transforming the landscape of trading and investment for a vast number of individuals. He is now focusing on an even more ambitious undertaking with Aetherflux, a new company dedicated to capturing solar power directly in space.

From Fintech to Hard Science

Bhatt discusses the factors that led him to pursue what is considered a remarkably bold technological endeavor. He details the distinctions between developing solutions in the realm of hard science versus the fintech industry.

The transition represents a significant shift in focus, yet Bhatt believes that embracing substantial risks remains crucial for innovation.

TechCrunch StrictlyVC Menlo Park 2025

Bhatt shared his insights during a presentation at the TechCrunch StrictlyVC Menlo Park event in June 2025.

He was one of several prominent speakers featured at the event, with recordings of their discussions readily available for review.

Aetherflux: Harnessing Solar Energy

Aetherflux’s core mission centers around the collection of solar energy in orbit. This approach aims to overcome the limitations of terrestrial solar farms, such as weather dependency and nighttime shutdowns.

The potential benefits of space-based solar power include a consistent and abundant energy source, which could significantly contribute to global energy needs.

Bhatt’s experience at Robinhood, disrupting traditional financial systems, informs his approach to tackling this complex engineering challenge.

He emphasizes the importance of taking calculated risks and pursuing innovative solutions to address pressing global issues.