  We suggest that the recently discovered, enigmatic pulsar with a period of
18.18 minutes, GLEAM-X J162759.5-523504.3, is most likely a hot subdwarf (proto
white dwarf). A magnetic dipole model explains the observed period and
period-derivative for a highly magnetized ($\sim 10^8$G), hot subdwarf of
typical mass $\sim 0.5M_\odot$ and radius $\sim 0.3R_\odot$, and an age of
$\sim 3\times 10^4$yr. The subdwarf spin is close to its breakup speed and its
spindown luminosity is near its Eddington limit, likely as a result of
accretion from a companion.
