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Microsoft Just Handed IPO Prospect Anduril a $22 Billion Opportunity
Assuming the U.S. Army permits it, Anduril will take over IVAS from Microsoft.
Privately held defense stock Anduril Industries is shaking up the defense industry. Palmer Luckey, co-founder of the company, is on record saying it's "important" for Anduril to IPO, and, in fact, the company is "on a path to being a publicly traded company" after doubling its 2024 revenue to $1 billion.
And now investors need to ask themselves: If $1 billion in revenue is enough to support an IPO for Anduril Industries, what would it mean if Anduril could do $22 billion?
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