Anduril Employee Tender Offer Values Defense Startup at $90 Billion

• Anduril, a defense tech startup, is valued at $90 billion following an employee tender offer.
• U.S. consumer prices accelerated in September, driven by a surge in gasoline costs.
• The rising inflation rate has put an interest rate increase back on the radar for the Federal Reserve.
• The increase in inflation is a setback for President Donald Trump and his Republican Party ahead of the November 3 midterm elections.
• Anduril has been a major beneficiary of the growing U.S. defense tech boom and President Trump's plans to reindustrialize the U.S. military.