Posted Mar 7, 2026 at 8:47 PM UTC

The arms dealer’s Game Boy company is reportedly in talks with potential new investors.

The Financial Times reports Palmer Luckey’s ModRetro is in talks to raise funds at a $1 billion valuation, which sounds like a lot for a retro gaming company.

The report also claims that Anduril, his other business selling drones and autonomous weapons to the military, happens to be at the same time in talks with investors for a new funding round valuing it at $60 billion. Interesting.

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