Trae Stephens

Trae Stephens (born November 1983) is an American venture capitalist and technology entrepreneur. He is a co-founder and the executive chairman of Anduril Industries, a defense technology company, and since 2014 a partner at Peter Thiel's venture capital firm Founders Fund. Stephens was an employee at Thiel's Palantir Technologies starting in 2008 and has been noted for his work at the intersection of technology and national security.

He is a devout Christian and has preached to tech entrepreneurs. His wife started a Christian nonprofit called ACTS17 to minister to elites; it funded Peter Thiel's 2025 lectures on the antichrist and events by Garry Tan, featuring Pat Gelsinger.

In June 2025, after Anduril's Series G, Stephens became a billionaire.

The outlet Newcomer remarks that Stephens "has done as much as anyone to bring military technology into the venture capital mainstream.