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Anduril is reportedly letting employees sell shares at a valuation near $90B which is up from ~$30B just 16 months ago.
Anduril currently has just a 21% chance of going public before next summer but I personally cannot wait for this company to finally hit the public markets.
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Anduril CEO defends Trump administration contracts: 'We've done incredibly well under Biden'
Anduril is allowing employees to sell shares as part of a tender that stands to value the defense technology startup at roughly $90 billion
Anduril employee tender offer would value the defense tech startup at $90 billion
*ANDURIL TO SELL INSIDER SHARES AT ROUGHLY $90 BILLION VALUATION
ANDURIL IS NOW VALUED AT ABOUT $90B IN A NEW EMPLOYEE SHARE SALE
Employees can sell shares at $94.80 each, per Bloomberg.
- Up from a $61B valuation in May
- The sale is capped at about $1.3B
- Open Oct. 13 to Nov. 9
- Employees in 16 countries can take part for the first time
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ANDURIL IN TALKS TO LET EMPLOYEES SELL SHARES AT A ROUGHLY $90 BILLION VALUATION
The defense technology startup's tender would let staff sell at $94.80 a share, with the offer capped at about $1.3 billion, per Bloomberg
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Anduril In Talks To Sell Insider Shares At Roughly $90 Bln Valuation - @business
Anduril unveils interceptor missile family Steelfin to counter varied threats
Anduril Industries is introducing a new line of missile interceptors that the company says will provide much of the capability of weapons produced by traditional defense contractors but at a fraction of the cost.
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