Anduril's employee tender offer would value the defense tech startup at $90B. That is a massive private mark for defense tech and a reminder the bid for this theme is still running. No public ticker,

What happened: Anduril is running an employee tender offer that would value the defense tech startup at $90 billion, per CNBC. Key numbers: $90 billion valuation. Why it matters: The company has been a major winner of the growing U.S. defense tech boom and of President Donald Trump's plans to reindustrialize the U.S. military.

Anduril is running an employee tender offer that would value the defense tech startup at $90 billion, per CNBC.

The company has been a major winner of the growing U.S. defense tech boom and of President Donald Trump's plans to reindustrialize the U.S. military.