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Trae Stephens / Founders Fund + Anduril

**Trae Stephens** is a Partner at **Founders Fund** and the co-founder of **Anduril Industries**, the defense technology company valued at $28B+ that has fundamentally changed how Silicon Valley relates to the Pentagon. Trae became a **billionaire in June 2025** when Anduril's valuation surged, validating the defense-tech thesis he helped invent.

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