---
title: "Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits grew from $1.1B in March to $4B now (Bloomberg) — Stuff That Spins"
description: "Bloomberg: Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits grew from $1.1B in March to $4B now — Erebor Bank is in talks to raise money at a valuation of at least $8 billion, as deposits grow rapidly at the politically…"
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date: "2026-07-02T16:00:12+00:00"
modified: "2026-07-02T16:51:20.469748+00:00"
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# Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits grew from $1.1B in March to $4B now (Bloomberg)

**Source:** Unknown  
**Published:** July 2, 2026  
**Original:** https://www.techmeme.com/260702/p26#a260702p26  

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