
This post was originally published on this site
Anduril Industries co-founder Palmer Luckey told CNBC today that his company will “definitely” go public but did not a specify a time frame for the listing.
Luckey said there isn’t “really a path” for a company like Anduril to win trillion-dollar contracts as a private company.
Anduril has secured a new funding round of $2.5 billion, bringing the company’s valuation to $30.5 billion, executive chairman Trae Stephens told Bloomberg last week.