Sony announced that starting Thursday, there will be a price increase for the popular video game console PS5. The gaming console will now cost $50 more because of "a challenging economic environment," Sony said.

Sony today announced that starting tomorrow, August 21, all PS5 models will be subject to a $50 price increase in the United States.

Sony’s $50 price hike in the US hasn’t gone into effect yet on PlayStation’s website or at other retailers like Best Buy, Walmart, Target, and GameStop. [Link: Sony is raising PS5 prices, starting tom

After months of holding off, Sony has raised the price of its PlayStation 5 console lineup in the United States and the PS5 Pro is now a whopping $750.

"As an aside, Nintendo also explored raising prices on Switch 2 when tariffs were temporarily at 10% for Vietnam. Now they're at 20%. This is definitely impacting margins for them. While they may not be willing to raise prices right now, I can see them reconsidering next year [2026]."

There's plenty of headsets from the brand that are fully compatible with the Sony pixel-pusher, from the Stealth 700 Gen 3 to the Stealth 600 Gen 3, but so far, the Atlas 200 remains the first of its kind to be officially licensed and bear that iconic blue and white Sony branding.