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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.

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Sources

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

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