SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election 
Ann Widdecombe Murder: Police Arrest Second Suspect, Rule Out Terrorism Motive 
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion 
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 
LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand 
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft 
EU to Propose New Rules Limiting Children's Access to Social Media 
Venezuela Appoints Felix Plasencia to Lead Foreign Relations and Trade 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion 
Samsung Q2 Profit Hits Record on AI Memory Boom as Shares Tumble 
Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI 
US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher 
U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing sources familiar with the matter. If finalized, the new valuation would mark a significant leap from the company’s $30.5 billion valuation achieved during its $2.5 billion funding round in June last year.
The potential capital injection is expected to provide Anduril with substantial financial flexibility to accelerate the construction of its first large-scale weapons manufacturing facility. In addition, the funding would support the development of an autonomous fighter jet, underscoring the company’s growing ambitions in advanced military aviation and AI-powered defense systems.
Founded in 2017 and backed by prominent venture capital firm Founders Fund, Anduril has rapidly emerged as one of Silicon Valley’s most prominent defense-tech startups. The company specializes in autonomous defense technology, including advanced sensors, surveillance systems, and a wide range of military drones. Its focus on low-cost, AI-driven defense solutions has gained traction as modern warfare increasingly relies on unmanned systems and automation.
The ongoing war in Ukraine has highlighted the strategic importance of drones and autonomous weapons, further boosting investor interest in defense technology companies like Anduril. At the same time, U.S. President Donald Trump has urged the Pentagon to accelerate the adoption of cutting-edge military technologies to strengthen America’s defense capabilities and counter China’s growing military influence.
Although Anduril has not yet commented publicly on the reported funding talks, a successful round at a $60 billion valuation would solidify its position as a leading player in the global defense technology sector and one of the most valuable private defense startups in the United States.
