On May 13, defense contractor Anduril completed a funding round at a valuation of $61 billion. The company is involved in building President Trump’s 'Golden Dome' antimissile shield. These developments come amid rising expectations for the company's initial public offering.
SpaceX is reportedly seeking to raise up to $75 billion, pushing its private valuation toward a record $1.75 trillion as investor interest in its aerospace dominance intensifies.
Read the full storyDefense tech firm doubles its valuation in less than a year after securing $5 billion in funding led by Andreessen Horowitz.
SpaceX has targeted June 11 for its initial public offering pricing and has selected the Nasdaq exchange for its market debut.
Defense contractor Anduril reached a $61 billion valuation following a new funding round, fueled by its role in the Golden Dome antimissile shield project.