Event / Technology

Steam Controller Launch 2026

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Valve released the Steam Controller on May 4, 2026, at $99. Initial stock sold out within hours due to strong demand, with the company working to restock the device.

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2026-08-18 to 2026-11-15 · UTC publication dates

Coverage begins 6 May, 03:36 UTC

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What happened

The facts
  1. Valve releases Steam Controller priced at $99

    Valve released the Steam Controller on May 4, 2026, priced at $99. The controller became available for purchase on Valve's website and sold through initial stock extremely quickly.

    1 corroborating report

  2. Valve shipping estimate doubles after initial stock depletion

    As the Steam Controller stock ran out, Valve's shipping estimate for restocked items doubled from an initial 3-5 days to 6-10 days, reflecting the increased demand and longer fulfillment timeline.

    1 corroborating report

  3. Steam Controller scalpers list controllers at inflated prices on eBay

    Following the Steam Controller's rapid sellout, scalpers listed the controllers on eBay at significantly inflated prices, ranging from $200 to $300 or more, representing markups of 100% to 200% above the $99 retail price. Valve did not address scalping prevention measures in its official response.

    1 corroborating report

  4. Steam Controller sells out within hours of launch

    The Steam Controller sold out faster than anticipated, with stock depleted within approximately one hour to one day of the May 4 launch. Valve acknowledged the rapid depletion exceeded their expectations and stated they were working on restocking.

    1 corroborating report

  5. Valve promises future update on Steam Controller restock timeline

    Valve announced it is working to restock the Steam Controller and committed to providing an update on the expected timeline for additional inventory, though no specific date was provided in the initial announcement.

    1 corroborating report

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