Updated
Updated · Kotaku · May 29
Tim Sweeney Mocks Valve's Steam Deck Price Hikes as Gabe Newell Flaunts $500 Million Yacht
Updated
Updated · Kotaku · May 29

Tim Sweeney Mocks Valve's Steam Deck Price Hikes as Gabe Newell Flaunts $500 Million Yacht

11 articles · Updated · Kotaku · May 29
  • Tim Sweeney publicly mocked Valve after it raised Steam Deck prices by hundreds of dollars, tying the move to Gabe Newell’s lavish yacht spending in a sarcastic post on X.
  • Valve’s increase comes amid an AI-driven RAM shortage and weaker supply-chain leverage in gaming hardware, but the optics were sharpened by renewed attention on Newell’s $500 million yacht Leviathan.
  • The jab quickly drew backlash toward Sweeney, with users pointing to Epic’s layoffs of 1,000 employees just months ago and contrasting them with Valve’s record on job cuts.
  • Epic has not fully detailed the financial pressures behind those layoffs, saying they extended beyond softer Fortnite engagement to include costly legal fights with Apple and Google.
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