Palmer Luckey Can Beat Armies. California's Tax Is Another Story

In America, billionaires are thinking about leaving California because of a new tax on wealth. Meanwhile, one of them has decided to stay. And he's not just any billionaire.

His name is Palmer Luckey. At 21, he sold Oculus, the company that made virtual reality headsets, to Facebook for $2 billion.

So at the age when most of you were asking your parents for money to go out on Saturday night, this guy sold a company for 2 billion!

Then he founded Anduril, a company that makes drones, defense systems and military technology, now valued at $61 billion.

On November 3, Californians vote on Prop 40, a one-time 5% tax on billionaires' wealth. Luckey says his company alone could land him a $3 billion bill.

Some billionaires are leaving. Not Palmer. He says he'll stay and fight the tax.

But in the meantime, he has another project going.

Together with Qualcomm, he just unveiled BlueChip, a laptop meant to one day be built entirely in America.

It's made for the military, government and first responders: rugged, built for high security, with a Snapdragon processor. Orders are expected to open in 2027.

More than 90% of the parts, by cost, come from the US and allied countries. The long-term goal is 100% American-made.

The price? Luckey says around 20% more than a regular high-end laptop.

So Palmer Luckey is building computers for the army, drones for war, and getting ready for a battle with the taxman.

The guy has the technology to take on entire armies. Against taxes, he still hasn't invented a defense system.

Photos: Anduril Industries