Can You Buy Anduril Stock? What the Numbers Mean
Anduril is private and its shares do not trade on any exchange. Here is how to rank the conflicting valuations you will see, and what a Solana-based token tracking the company actually is.
You cannot buy Anduril stock on a public exchange, because Anduril Industries is a private company and its shares do not trade on the New York Stock Exchange, Nasdaq, or any other public market. It has not filed for an initial public offering (IPO), confidentially or publicly, so there is no listing date, ticker, or price to point to.
What exists instead is a thicket of valuation figures, each measuring something different, a private secondary market open mostly to large and accredited investors, and a small token on the Solana blockchain that references the company's name. The hard part is not finding a number for Anduril. It is working out which of the numbers you find deserves any weight.
Key takeaways
- Anduril shares are private. There is no public ticker and no announced IPO. Any site showing a ticker for Anduril is showing a placeholder, not a listed security.
- The valuations you see are not interchangeable. A closed primary round, a secondary-market implied mark, and reported talks are three different grades of evidence, and the gaps between them are large.
- The public record on Anduril's own primary rounds is inconsistent: a roughly $61B Series H reported closing in April 2026 sits alongside a $90B figure other trackers carry as a July 2026 last primary.
- A secondary-market report put the implied valuation at roughly $122.1B as of October 12, 2026, per AG Dillon's weekly pre-IPO report. That is a derived number, not a round the company agreed.
- A token on Solana called PreStocks Anduril references the company but confers no equity, no voting rights, and no claim on Anduril. Its measured onchain activity is high in count and tiny in dollar size.
Why every source quotes a different Anduril valuation
Type the company name into a search bar and you will get valuations tens of billions of dollars apart. That is not noise. The numbers measure different events, and they are not equally reliable. Here is the order of reliability, strongest first.
1. A closed primary round (firmest, but stalest)
A primary round is money raised by the company itself. New shares are issued, investors agree a price, and cash changes hands. Because a real transaction settled at an agreed price, this is the firmest figure you can get. Its weakness is age: it is only true as of its closing date, and a fast-growing company can outrun it quickly.
For Anduril, even this tier is contested in the public record. A roughly $5.1B Series H at a $61B valuation is reported as closing in April 2026. Other trackers carry a $90B figure as the last primary as of July 2026. The two do not reconcile cleanly, and an honest reading is that the public record is inconsistent rather than that one is simply correct. For an institutional reader, that inconsistency is itself the finding.
2. A secondary-marketplace implied valuation (fresher, less firm)
A secondary mark starts from a per-share price paid in a trade between two existing shareholders, then multiplies by an estimated total share count to imply a company-wide valuation. Both inputs carry uncertainty. The share count is an estimate the marketplace makes, and different marketplaces estimate differently, which is most of why the headline numbers you see disagree. AG Dillon's weekly pre-IPO report put Anduril's implied secondary valuation at roughly $122.1B as of October 12, 2026. Treat that as a derived mark with an as-of date, not as a price the company set.
3. Reported talks (weakest)
Phrases like "in discussions at roughly $100B" describe a round that has not closed. Until money moves, nothing is settled. If you use a figure like this, carry the word "reported" and the name of whoever reported it, or leave it out.
The practical rule: do not average these three, and do not treat the midpoint of a range as meaningful. They answer different questions. For the deeper breakdown of how Anduril's reported growth maps onto these figures, see Anduril's pre-IPO valuation and what the numbers mean.
How the grades of evidence stack up
| Grade of evidence | What it measures | Reliability | Freshness |
|---|---|---|---|
| Closed primary round | Price the company and investors agreed, with cash settled | Firmest | Stale (true only as of closing) |
| Secondary implied mark | Per-share secondary trade price multiplied by an estimated share count | Moderate (depends on the share-count estimate) | Fresher |
| Reported talks | A round discussed but not closed | Weakest | Current as gossip, not as fact |
Anduril's own reported revenue history gives the growth these marks are pricing: roughly $14B in 2024 and roughly $30.5B in 2025, treated as reported history rather than audited public filings.
What routes exist to get exposure, and who they are open to
Because the shares are private, the ordinary routes retail investors use are closed. There is no brokerage buy button. The realistic channels are narrow.
- Private secondary marketplaces. Platforms that match buyers and sellers of existing private shares generally restrict access to accredited or institutional investors, and transfers often require company approval. The per-share prices these venues report are what feed the secondary marks above.
- Pooled or fund vehicles. Some funds hold private company stakes and are themselves restricted to qualified investors. You are buying the fund, not Anduril directly.
- A tokenized wrapper. A token on a public blockchain that references the company. This is the part a generalist finance site cannot explain, so it is worth being precise about what it is.
The Solana token that carries Anduril's name
There is a token on Solana (a high-throughput public blockchain) called PreStocks Anduril, trading under the symbol ANDURIL. The single most important thing to understand is what it does not do: holding it does not make you an Anduril shareholder. It confers no equity, no voting rights, and no legal claim on the company. It is a token that references a pre-IPO company, issued by a third party, not stock registered to you on Anduril's cap table.
The onchain activity is worth looking at closely, because the measured numbers tell a specific story.
Allium data, October 22, 2026 (PreStocks Anduril, symbol ANDURIL, Solana):
- Market capitalisation: $1,692,864
- Supply: 11,805.36 tokens
- Current holders: 11,206
- All-time holders: 30,133
- Transfers in 24h: 3,808, moving $3,397 in total
- Active addresses in 24h: 2,415
Two of those figures deserve to sit side by side. In one day, 3,808 transfers moved a combined $3,397. That is an average transfer worth well under a dollar, against an instrument that references a company marked in the tens of billions. The activity is real and frequent. The economic size of it is not large. Both numbers are true at once.
The holder counts carry a similar caution. 30,133 addresses have held the token at some point and 11,206 hold it today. A wallet that appears in all-time holders but not current holders tells you only that the address does not hold the token today. It cannot distinguish selling from wallet consolidation (one owner moving a balance into another wallet they control), from a distribution or airdrop to an address that never bought anything, from a custodian reshuffling addresses, or from a balance falling below the dust threshold. The honest statement is the measurement itself, and the admission that holder counts alone cannot tell you which explanation is at work.
Comparing this token to anything requires the fields to line up
Suppose you wanted to put PreStocks Anduril next to a tokenized stock on Ethereum, or a pre-IPO wrapper for a different company on another chain. The headline symbol and market cap are not enough. To compare them, each transfer has to resolve to the same fields: the asset, the issuer, the sender, the recipient, the amount, the USD value at the time, and the transaction type. A raw Solana transaction does not arrive labeled that way, and the same economic event looks different on Ethereum, Tron, or Base.
Allium ingests raw data from 150+ blockchains and normalizes those records into consistent fields, which is how the measured counts above can be stated and placed alongside instruments on other chains. Bloomberg has cited Allium data on SpaceX pre-IPO tokenized stock volume, and Allium publishes its pre-IPO research on the same methodology. For readers who want the underlying tables, Allium's real-world asset datasets cover how these instruments are tracked at the field level.
What is unsettled
The legal and regulatory treatment of tokens that reference private company shares is not fully resolved, and it varies by jurisdiction. Whether a given wrapper is a security, who may lawfully hold it, and what recourse a holder has if the issuer disappears are open questions that regulators and courts are still working through. None of this is investment advice, and none of it tells you what Anduril shares are worth. It tells you to read every number you find with the grade of evidence attached, and to treat a referencing token as a separate instrument from the equity it names. If you want to see how onchain transfers of these wrappers are tracked in practice, Allium has written on tracking tokenized stock transfers onchain.
Frequently asked questions
Can I buy Anduril stock right now?
Not on a public exchange. Anduril is private, has not filed for an IPO, and has no public ticker. Access to its actual shares is generally limited to accredited and institutional investors through private secondary marketplaces, and transfers often need company approval.
Why does every website show a different Anduril valuation?
Because the numbers measure different events. A closed primary round is a price the company and investors agreed with cash settled. A secondary implied mark multiplies a secondary trade price by an estimated share count, and different marketplaces estimate that count differently. Reported talks describe rounds that have not closed. They are not interchangeable and should not be averaged.
Is the ANDURIL token on Solana the same as owning Anduril stock?
No. The PreStocks Anduril token references the company but confers no equity, no voting rights, and no legal claim on Anduril. It is a third-party instrument that names a pre-IPO company, not registered shares on the company's cap table.
Has Anduril announced an IPO date?
No. As of October 22, 2026, Anduril had not filed for an IPO, confidentially or publicly, and there is no announced timeline, ticker, or price. Any ticker you see attached to the name on a data site is a placeholder, not a listed security.
What was Anduril's secondary-market valuation?
AG Dillon's weekly pre-IPO report put the implied secondary valuation at roughly $122.1B as of October 12, 2026. That is a derived mark from secondary trading, not a primary round the company agreed, and it carries an as-of date rather than being a standing price.
Why is the token's daily transfer value so low compared to its market cap?
Per Allium data on October 22, 2026, 3,808 transfers over 24 hours moved a combined $3,397, an average well under a dollar each, while the token's market cap was about $1.69M. The activity is frequent but economically small. The measurement stands on its own and should not be read as evidence of anything adversarial.
See the data behind this post. Browse the tokenized equity tables, or read How to Track Tokenized Stock Transfers Onchain for how the records are put together.
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Allium provides onchain data infrastructure. Companies named in this article may be Allium customers, prospects or commercial counterparties. The authors and other Allium personnel may hold positions in the assets discussed. This article is informational only and is not investment, legal or tax advice. Data and information last reviewed: October 23, 2026.
