🚨🇺🇸 Anduril founder Palmer Luckey just tore apart ABC's story on Don Jr.'s "major stake" in his company Palmer Luckey: "This investigation was completely false. ABC News is lying to you." Don Jr.'s firm, 1789 Capital, put just $50 MILLION into Anduril during a round that val

1 SOURCE CONFIRMED · FIRST SEEN 2026-10-07 23:43 UTC

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FIRST SEEN2026-10-07 23:43 UTC

LAST UPDATE2026-10-07 23:43 UTC

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01 THE MACHINE READ

WHY IT MATTERS.

Dispute over a defense startup's investor stake is reputational, not financial disclosure.

Defense startup PR dispute, no tradable signal

CATALYST TO WATCH

Further reporting or clarification

MAIN RISK

Perception risk for private defense names

FULL DISPATCH

🚨🇺🇸 Anduril founder Palmer Luckey just tore apart ABC's story on Don Jr.'s "major stake" in his company Palmer Luckey: "This investigation was completely false. ABC News is lying to you." Don Jr.'s firm, 1789 Capital, put just $50 MILLION into Anduril during a round that valued the company at over $30 billion, roughly 1/1000th of the company, and Palmer says Anduril handed ABC those exact numbers BEFORE the story ran. The $6 billion+ "contracts" figure falls apart too, because most of it is contract ceilings, the maximum a deal could ever reach, and those are set far above what the government actually spends. So why hasn't @ABC corrected it? Source: @PalmerLuckey / Writer: Daniel

02 THE STORY SO FAR