S&P 5007,482.58▼0.3% Nasdaq25,870.65▲0.2% Dow52,348.09▼1.1% Russell 2K2,948.91▼1.1% 10-Yr4.57%+4bp VIX16.86+0.73 WTI$74.03▲5.1% Gold$4,091.40▼1.3% EUR/USD1.143▼0.1% BTC$63,168▲1.5% Nikkei68,257▼2.1%
At close · Thu, Jul 9, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Anduril CEO criticizes IPO timing as valuation nears $…

Anduril CEO criticizes IPO timing as valuation nears $61 billion

Reported · Written up by our desk · Equities

CNBC Markets reports that Anduril recently reached a $61 billion valuation, making it one of the most highly valued private tech companies.

The outlet also reports that Anduril CEO highlighted that IPOs in the middle of a hype cycle are a poor timing choice.

← Newer storyCompanies review employee trading rules for prediction markets

More like this

US MarketsCompanies review employee trading rules for prediction markets
US MarketsMicron shares jump after announcing more U.S. chip investments
US MarketsMicron shares rise as it boosts U.S. semiconductor manufacturing investment
US MarketsMeta upgrades Muse Spark AI coding model under Alexandr Wang
US MarketsSK Hynix lists on Nasdaq after more than sevenfold stock surge

Sources

CNBC MarketsAnduril CEO says it's bad to IPO in ‘middle of a hype cycle’

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.