Anduril plans to raise $60 billion in new financing

Securities firm Palmer Luckey is in the midst of a multibillion-dollar investment led by Thrive Capital and Andreessen Horowitz, according to a new report from The Wall Street Journal.

The funding will come less than a year after the company’s Series G, which closed in June and $ 2.5 billion against the cost of $ 30 billion. Lux Capital and Founders Fund are also expected to participate.

Previous report from Bloomberg said the new round could bring as much as $8 billion to the company, which closed its previous round of financing last summer.

The rotation comes at a critical time for the starting defense. After the contract dispute between Anthropic and the Pentagon, the US government plans to cancel all its contracts with the AI ​​company, and Defense Secretary Hegseth threatened to designate the company as a threat to the sale of goods.

While he doesn’t agree with the specifics of the supplier threat, Luckey agrees with the government’s actions. “At the end of the day,” Luckey wrote in the latest X post“you have to believe that our imperfect republic is still good enough to run the country without giving real power to billionaires and corpos and their advisers.”