Palmer Luckey

Money Moves

Active leadership; public face of the company

Anduril Industries closed a $5 billion Series H round in May 2026, doubling its valuation to $61 billion in under a year. The raise caps a busy spring: a $20 billion Army contract in March, Arsenal-1's ahead-of-schedule launch, and a lead role in the Pentagon's $185 billion Golden Dome interceptor program.

Updated May 29

Money Moves

Preparing Anduril for potential IPO at ~$60 billion valuation

AEVEX Aerospace, a maker of military drones and airborne surveillance systems, began trading on the New York Stock Exchange on April 17, 2026, under the ticker AVEX—and its first day answered a central question about the defense tech IPO wave. Shares opened at $23.01 and closed at $26.93, a 34.7% gain that pushed its market capitalization to roughly $3 billion, well above the $2.35 billion valuation at pricing.

Updated Apr 19