Oculus Rift Sold to Microsoft for $2 Billion Right After Palmer Luckey Spent 6 Months Building It out of Legos

META, CA-Tech giant Meta announced Monday the sale of Oculus, its virtual reality subsidiary, to Microsoft for $2 billion in cash. This follows CEO Palmer Luckey's six-month endeavor crafting the latest Oculus Rift entirely from Lego bricks.

"It's an impressive virtual reality headset, but I can't figure out why it's not selling more," said Luckey. "It's made of Legos, and with the new Skywalker Saga out – you'd think everyone would be lining up to buy it."

Meta had originally purchased Oculus for $3 billion in 2021. Monday's announcement concludes a prolonged period of layoffs at the company.

At the time of publication, Mark Zuckerberg announced plans to lay off another 10,000 employees, stating whimsical reasons such as changing the company's name yet again, seemingly just for the fun of it.