Bloomberg Technology
Anduril’s Luckey Says He Pays Himself $100,000 a Year
Anduril Industries Inc. founder Palmer Luckey says he pays himself $100,000 a year and supports President Donald Trump’s plan to limit pay for defense contractor leaders. He also talks about expanding the business, China’s ability to build drones, and building a new kind of TV. He speaks to Bloomberg at CES. ——– Like this video?…
Bloomberg Technology
Alibaba’s AI Spending Spree, Concerns of Circular AI Financing | Bloomberg Tech 8/20/2026
Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems. 00:00:00 –…
Bloomberg Technology
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Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield…
Bloomberg Technology
The Defense Startup Taking a SpaceX Approach to Missiles
Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at…
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@BernaysPropaganda
January 7, 2026 at 5:27 pm
I want this eccentric man making the weapons along with The Great Karp!
@KevinTewksbury
January 7, 2026 at 7:22 pm
🙇
@BadWithNames123
January 7, 2026 at 5:35 pm
and borrows tens of millions against his stock? or how is he living in a mansion and has all his tec toys and boats?
@eliiiiiiiiiiiie
January 7, 2026 at 5:54 pm
Mate, he has his Oculus money. Grow a brain.
@KevinTewksbury
January 7, 2026 at 7:22 pm
OHHHH YEAHHHH
@DoctorGuru90
January 7, 2026 at 5:50 pm
Palmer Luckey purchased a property in Newport Beach, California, for $3.8 million in 2017 to house his car collection. He later bought another property across the street for $12.5 million that same year.
@h011yw00d
January 7, 2026 at 7:08 pm
Oculus VR sold to Facebook (Meta) for 2 BILLION, he’s worth at least 700 million.
He creates companies AND JOBS which innovate. Why shouldn’t he have all these things?
@KevinTewksbury
January 7, 2026 at 7:23 pm
@h011yw00dyup
@wchristian2000
January 7, 2026 at 8:16 pm
Thats pretty tame for his net worth
@KevinTewksbury
January 7, 2026 at 7:23 pm
Warren Buffet style 100k a year
@KevinTewksbury
January 7, 2026 at 7:25 pm
My parents definitely try to ground me for life, just saying lol
@JonSchwark
January 7, 2026 at 8:29 pm
When you are an owner of a small company with a big upside, he doesn’t need a salary to be getting rich. If his company is selling stuff, his stock will go up so he’s actually getting MUCH richer than someone who is a hired CEO.