Silicon Investor - Palantir Technologies Inc PLTR:NYSE

[Don Green] Agree I think Google technology will be a threat to NVida near term and China e...

Don Green — 5/12/2026 11:46:36 AM

Agree

I think Google technology will be a threat to NVida near term and China even more longterm

[Selectric II] Not dodging, but some of the smartest people I've heard over the years have pret...

Selectric II — 5/12/2026 9:57:48 AM

Not dodging, but some of the smartest people I've heard over the years have pretty consistently responded that we'll only know in hindsight.

NVDA p/e and p/e/g seem pretty reasonable to me. PLTR, not as much. I own both and intend to continue to do so unless/until there's a material change in facts for the worse. And if a change is for the better, I might add.

<edit>: And you?

[Don Green] So do you agree with it is THE bubble or not?

Don Green — 5/12/2026 9:18:25 AM

[Selectric II] FYI, that's not "Breaking" news. It was reported by some media on November 5, 2...

Selectric II — 5/12/2026 8:28:00 AM

FYI, that's not "Breaking" news.

It was reported by some media on November 5, 2025. E.g.:

Michael Burry of ‘The Big Short’ is back with cryptic messages — and two massive bets

By
John Towfighi
Updated Nov 5, 2025

Michael Burry attends "The Big Short" screening on November 23, 2015, in New York City.
Astrid Stawiarz/Getty Images

Michael Burry, the famed investor behind “The Big Short,” is betting artificial intelligence is more of a bubble than a revolution.

Burry’s fund, Scion Asset Management, disclosed on Monday that it bought puts — bets that share prices will fall — on two stars of the AI wave: Nvidia ( NVDA) and Palantir ( PLTR). Scion bought roughly $187.6 million in puts on Nvidia and $912 million in puts on Palantir, according to Securities and Exchange Commission filings.

Burry is known for his prophetic call that the US housing market would collapse in 2008. He was profiled in the 2010 book “The Big Short: Inside the Doomsday Machine,” by Michael Lewis, and portrayed by Christian Bale in the 2015 film adaptation.

Related article

Jason Droege, then a vice president at Uber, speaks at the WSJTECH live conference in Laguna Beach, California, on October 22, 2019. Droege is now leading the AI startup Scale after a leadership shakeup following Meta's $14 billion investment in June.
Mike Blake/Reuters

Most companies aren’t seeing a return on AI investments. This tech CEO wants to change that

Now Burry is betting against the hottest AI stocks on the market at a time when concerns are mounting about a bubble. Tech and AI stocks have carried the market in recent months. The S&P 500, which is increasingly concentrated in tech companies, is trading at historically expensive levels.

Meanwhile, the circular financing of AI deals has raised eyebrows on Wall Street, with many tech companies entwined in a massive web of deals with each other. Some investors are also skeptical whether future profit growth will continue to justify the enormous amounts of spending taking place.

The tech-heavy Nasdaq Composite tumbled 2.04% on Tuesday, posting its worst day since August. Meanwhile, the S&P 500 fell 1.17%.

‘Sometimes, we see bubbles’ Burry made a splash among investors on Thursday, when he posted on X for the first time since 2023. In his post, he shared a photo of Bale portraying him in “The Big Short” and wrote: “Sometimes, we see bubbles. Sometimes, there is something to do about it. Sometimes, the only winning move is not to play.”

Four days later, Burry’s fund disclosed its bearish positions in Nvidia and Palantir. The SEC filings are for the third quarter of this year. Scion Asset Management did not respond to a request for comment.

Angelo Zino, a tech analyst at CFRA Research, said a pullback in tech stocks was overdue, given how far they have rallied in recent months. He said Burry’s comments likely exacerbated concerns.

Burry has made public calls about the market in the years since “The Big Short.” He has not always been correct. The hedge fund manager in January 2023 infamously posted on X, “Sell,” before posting two months later, “I was wrong to say sell.”

Nonetheless, his words carry weight on Wall Street.

Sometimes, we see bubbles.
Sometimes, there is something to do about it.
Sometimes, the only winning move is not to play. pic.twitter.com/xNBSvjGgvs

— Cassandra Unchained (@michaeljburry) October 31, 2025 Burry’s return to social media comes at a time when investors have voiced concerns about expensive valuations, a market concentrated on a handful of large companies and rising investor expectations.

For example, Palantir beat Wall Street forecasts in earnings reported Monday. Yet it wasn’t enough to impress traders after a series of strong earnings results.

On Tuesday, its shares tumbled 7.95% — their worst day since August.

Palantir was the top performing stock in the S&P 500 in 2024 and is in the top five performing stocks this year. Its shares are still up 152% this year.

The company’s earnings results on Monday were “stellar,” according to CFRA Research’s Zino, but the company’s valuation — a measure of how pricey it is — “is a bit extreme.”

Related article

David Solomon, chief executive officer of Goldman Sachs Group Inc., speaks during an Economic Club of Washington event in Washington, DC, US, on Thursday, Oct. 30, 2025.
Al Drago/Bloomgberg/Getty Images

Why the Goldman Sachs CEO isn’t buying the AI jobs freakout

“Despite the great results, when you coincide that with the comments that Michael Burry made and everybody already talking about concerns about an AI bubble, I think the combination of those factors really helped drive a pullback in the shares, the broader tech index and as a result the broader markets,” Zino said. “We’re not overly concerned about the pullback, but I would say it’s one of those situations where you’ve got to keep an eye on it.”

Meanwhile, Nvidia shares fell 3.96% on Tuesday. Shares are still up 48% this year.

Alex Karp, CEO at Palantir, told CNBC on Tuesday that people betting against the company — including Burry — are “crazy.”

“When I hear short sellers attacking what I believe is clearly the most important software company in America, therefore in the world, in terms of our impact, … it just is super triggering,” Karp said.

“It’s crazy motivating,” Karp said. “Every time they short us, we are just like tripling down on getting the better numbers, in part honestly, to make them poorer.”

Palantir CEO Alex Karp attends an event at Carnegie Mellon University in Pittsburgh, Pennsylvania, on July 15, 2025.
Nathan Howard/Reuters

cnn.com

###

See, also:

The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
"Sometimes, we see bubbles."

By Victor Tangermann
Published Nov 5, 2025 11:07 AM EST

futurism.com

[Don Green] [X] 🚨 BREAKING Michael Burry just opened a $1,000,000,000.00 short on the AI ...

Don Green — 5/12/2026 6:31:43 AM

[X]

🚨 BREAKING

Michael Burry just opened a $1,000,000,000.00 short on the AI bubble

$912M against PLTR + $187M against NVDA

Confirmed in his latest 13F

The same man who shorted housing in 2007 while Wall Street called him crazy is now positioned identically against AI

History… pic.twitter.com/kXSyY5L8vg
— Pepesso (@0xPepesso) May 11, 2026

[/X]AI bubble

[carranza2] I took profits last year at a significantly higher range than the present price,...

carranza2 — 5/5/2026 9:35:10 AM

I took profits last year at a significantly higher range than the present price, but am considering buying in size again.

Palantir’s performance is hitting all cylinders, especially in the US commercial sector. A 133% rise in revenue over last quarter. But market apparently thinks that is not enough, so share price is down. Lol!

It is still overpriced by many traditional measures.

Let’s see how the market treats PLTR in the next few days. Moonshots unlikely.

Guess: Palantir could have a monopoly on the philosopher’s stone, share price would falter.

[Don Green] [X] Update: It's now been 158 days since @GregCrennan publicly went bearish on...

Don Green — 4/10/2026 8:24:03 AM

[X]

Update: It's now been 158 days since @GregCrennan publicly went bearish on Palantir $PLTR

It's down -37% since https://t.co/AuPolAFm1I
— The Coastal Journal (@1CoastalJournal) April 9, 2026

[/X]

[carranza2] What astonishes me is that the Chinese have so far been passive. Most of their...

carranza2 — 3/22/2026 8:46:55 PM

What astonishes me is that the Chinese have so far been passive. Most of their oil passes through the Straits of Hormuz.

They are subject to two energy-related choke points they cannot control - the straits of Malacca and Hormuz.

Naval warfare and armaments being what they currently are (and will be in the future) means that China is unlikely to ever control either. A real problem for the CCP’s global ambitions.

But this is a PLTR board.

All of this great for PLTR’s prospects.

[carranza2] The goal now in my view should be to control the Straits or declare victory beca...

carranza2 — 3/22/2026 8:29:04 PM

The goal now in my view should be to control the Straits or declare victory because so long as the Iranians have the Straits, they have the whip hand.

[Selectric II] Maybe Trump will try to control the Straits using Kharg Island as leverage. Can...

Selectric II — 3/22/2026 8:26:15 PM

Maybe Trump will try to control the Straits using Kharg Island as leverage.

Can Iran survive as a toll-taker through the Straits, offsetting lost oil income that needs Kharg Island terminals? Doubt it. For how long could it hold out? Even if we don't occupy Kharg with boots on the ground, we could easily cut it off to exports without causing too much damage.

[carranza2] I fear that we have been fed a dose of propaganda concerning the effectiveness o...

carranza2 — 3/22/2026 8:25:19 PM

I fear that we have been fed a dose of propaganda concerning the effectiveness of the Iranian Air Force and Navy.

This, from June 2025, is probably accurate:

defenseforces.com

And the Iranian Navy apparently was taken out early and easily.

yahoo.com

Nonetheless, the potential for US losses if the Straits were initially targeted was high. I’m sure this played a part in a decision not to take control over them early on.

[John Carragher] i don't see how they could control the straits until the navy and air force was ...

John Carragher — 3/22/2026 8:08:04 PM

i don't see how they could control the straits until the navy and air force was destroyed. The navy certainly didn't want to get caught up there with iran fire power. It appears even now there is possibly enough missiles left to take out navy ships in the straits area. we just don't know what is left underground in iran???

[carranza2] To me, the Straits are more important to the Iranians than Kharg because they ar...

carranza2 — 3/22/2026 7:45:48 PM

To me, the Straits are more important to the Iranians than Kharg because they are a global choke point. Enormous pressure on the globe can be exerted through control of the Straits. This is a huge mistake the Trump strategists made. They should have known Iran was no Venezuela. Simply put, Venezuela had no globally significant choke points.

ndtahq.com

The late Alfred Mahan in his sea power book put it succinctly:

<<<<If, in addition to facility for offence, Nature has so placed a country that it has easy access to the high sea itself, while at the same time it controls one of the great thoroughfares of the world’s traffic, it is evident that the strategic value of its position is very high. Such again is, and to a greater degree was, the position of England. The trade of Holland, Sweden, Russia, Denmark, and that which went up the great rivers to the interior of Germany, had to pass through the Channel close by her doors; for sailing-ships hugged the English coast. This northern trade had, moreover, a peculiar bearing upon sea power; for naval stores, as they are commonly called, were mainly drawn from the Baltic countries.

But for the loss of Gibraltar, the position of Spain would have been closely analogous to that of England>>>

The Iran operation would have been substantially easier if the US somehow controlled the Straits from the outset. No steps against Iran should’ve been taken without planning and executing a concurrent strategy to control the Straits.

Perhaps easier said than done.

And, of course, history gives us wonderful 20/20 vision.

[Selectric II] In my estimation, there will be an effort to sanitize the Straits of Hormuz ...

Selectric II — 3/22/2026 7:31:34 PM

In my estimation, there will be an effort to sanitize the Straits of Hormuz to ensure free navigation. The explanation will be that they will be closed for a short period while Iran’s ability to interfere is neutralized. And open thereafter under American auspices. What a lovely conundrum for the Chinese - having their share of Iranian oil controlled by the US, who can take or destroy Kharg Island at will.

How do you see that playing out?

I agree that the new Iranian leadership is more radical than the old, and is less experienced and maybe more likely to overreact. If they value life at all and any sort of future in this world (there's some reason to wonder), they need one thing even more than control over the Strait: Kharg Island.

[carranza2] Sold most of my PLTR shares last year because the returns and time frame in whic...

carranza2 — 3/22/2026 12:12:29 PM

Sold most of my PLTR shares last year because the returns and time frame in which they were obtained were outlandish. That kind of ephemeral good fortune has to be capitalized before it disappears. So it was.

But we are today, March 22, 2026, at a historical crossroad which might mean a lot for PLTR. And, more widely, for the world.

If Iran ignores Trump’s 48 hour ultimatum, will Trump unleash hell on the Iranians? Or will he do something else?

I don’t think anyone, including Trump, now believes that the Iranians will fold. The new leadership is more radical than the old. And despite decapitation, the leadership vacuum so created seems to be consistently able to be filled. More important, Iran thanks to the Russians and Chinese seems able to somehow mount a response.

I think Trump will not unleash hell on the Iranians. The global economy is at stake. In my estimation, there will be an effort to sanitize the Straits of Hormuz to ensure free navigation. The explanation will be that they will be closed for a short period while Iran’s ability to interfere is neutralized. And open thereafter under American auspices. What a lovely conundrum for the Chinese - having their share of Iranian oil controlled by the US, who can take or destroy Kharg Island at will.

But if the US takes steps to rid the Straits of Iranian control, there will be no change in Iranian leadership and, more important, no control over the 60% enriched Uranium which is buried somewhere waiting to be transformed into weapons grade material.

Taking control of the Straits denies the Iranians their most important asset but it in no way solves the nuclear and leadership issues. Perhaps missiles carrying dirty bombs targeted at Israel and the Gulf States would be the response. A very nasty response of some sort is for sure likely

It would be another COVID-like moment, the end of the world as we know it.

At least that is how the markets would look at developments. They will tank. Hard.

But of course it won’t be the end of the world.

There will be generational bargains, as anyone who bought in the thick of COVID knows.

PLTR is in the sweetest of sweet spots for all this. And it just got awarded a defense-wide contract to be the AI provider for the US military.

x.com

So, yes, I’m going back in bigly if anything approximating the above happens.

[janust] Palantir and NVIDIA Team Up to Operationalize AI - Turning Enterprise Data Into ...

janust — 11/3/2025 9:26:05 AM

Palantir and NVIDIA Team Up to Operationalize AI - Turning Enterprise Data Into Dynamic Decision Intelligence
October 28, 2025

nvidianews.nvidia.com

News Summary

Palantir is integrating NVIDIA accelerated computing, NVIDIA CUDA-X libraries and open-source NVIDIA Nemotron models into its Ontology framework at the core of the Palantir AI Platform.
Lowe’s is pioneering operational AI for its supply chain logistics with Palantir and NVIDIA.

GTC Washington, D.C.— NVIDIA today announced a collaboration with Palantir Technologies Inc. to build a first-of-its-kind integrated technology stack for operational AI - including analytics capabilities, reference workflows, automation features and customizable, specialized AI agents - to accelerate and optimize complex enterprise and government systems.
…

[carranza2] Another commercial win. investors.boeing.com

carranza2 — 9/23/2025 10:31:57 PM

[GemSeeker] PLTR will continue to climb indefinitely as it has positioned itself as the corn...

GemSeeker — 8/9/2025 2:32:54 PM

PLTR will continue to climb indefinitely as it has positioned itself as the cornerstone of the intelligence community and the aqueduct of special access tech and controlled technology entering commercial and international trade. All the talk about PE is meaningless right now as the investment community has literally no experience in evaluating such a company. It is both a unicorn and a behemoth and understanding its growth trajectory requires some outside-of-the-box thinking not commonly seen in wall street.

[GemSeeker] I suspect a prolonged period of excellent expansion lies ahead as PLTR gradually...

GemSeeker — 8/5/2025 9:48:32 AM

I suspect a prolonged period of excellent expansion lies ahead as PLTR gradually grows into it's PE. They have barely scratched the surface of their non-defense opportunities. Every large organization in the US and ultimately the world will recognize the efficiencies that PLTR can bring to their companies. They literally have no competition and will have none for many years. A highly unique investing opportunity.

[GemSeeker] Haha, even the Daily Mail rag is getting in on the act. dailymail.co.uk

GemSeeker — 8/5/2025 9:44:28 AM

[Don Green] i think when the bubble bursts PLTR will be one of the biggest casualties

Don Green — 8/5/2025 9:02:14 AM

[SirWalterRalegh] The key word here is "parabolic." Amazing. The only thing parabolic is the sto...

SirWalterRalegh — 8/4/2025 5:32:20 PM

The key word here is "parabolic." Amazing.

The only thing parabolic is the stock price.

Revenue and earnings showed a modest gain.

P/E ration approx. 270.

I'm still long

[carranza2] The key word here is "parabolic." Amazing. At what point does a relatively ...

carranza2 — 8/4/2025 5:14:50 PM

The key word here is "parabolic." Amazing.

At what point does a relatively early investor just say "enough is enough, I can't take it anymore"?

<<<<Palantir shares climb ~5% after raising 2025 sales outlook

*

Expects Q3 revenue above market estimates

*

Growth aided by both commercial and government-backed demand, analyst says

(Adds analyst quotes in paragraphs 6,7 and 11)

By Arsheeya Bajwa

Aug 4 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting robust demand for its AI-linked services from businesses and governments, sending its shares up 5% in extended trading.

Initially backed by the CIA, the company has capitalized on its expertise in managing and analyzing data to help train and run new artificial intelligence apps using its platforms.

The data analytics and defense software firm projected revenue in the range of $4.14 billion to $4.15 billion for 2025, up from its earlier forecast of between $3.89 billion and $3.90 billion.

The raised forecast is also above analysts' average estimate of $3.90 billion, according to data compiled by LSEG.

"Palantir is continuing to exceed increasingly high expectations," said Gil Luria, an analyst at D.A. Davidson who has a "neutral" rating on the stock.

"The only way to describe their trajectory is: parabolic."

Palantir's shares have more than doubled in value this year, far outpacing the 6% gain for the benchmark S&P 500, as investors bet on its ability to benefit from the proliferation of AI technology and government spending on defense tech.

The company, co-founded by tech billionaire Peter Thiel, said it expects revenue derived from U.S. businesses to come in above $1.30 billion, up from its earlier guidance of more than $1.18 billion.

This business is closely watched as Palantir works to cut its reliance on government contracts.

Sales to the U.S. government jumped 53% to $426 million, representing more than 42% of total second-quarter revenue of about $1 billion, which beat estimates. Second-quarter adjusted earnings of 16 cents per share beat estimates of 14 cents.

"They have accelerants on both sides (commercial and government)" Luria said.

"On the government side, their capabilities have gotten to a point where they can be the lead contractor on increasingly large projects."

Last week, the U.S. Army said it might purchase services of up to $10 billion from Palantir over a decade.

The company also forecast third-quarter sales above estimates.>>>>>

[Don Green] The AI That Triggered a War: How Palantir and the IAEA Fueled Israel’s Strike on...

Don Green — 6/20/2025 8:44:48 PM

The AI That Triggered a War: How Palantir and the IAEA Fueled Israel’s Strike on Iran
A $50M software built for counterinsurgency now steers nuclear diplomacy... and may have lit the fuse for a regional war.

Message 35172231

[GemSeeker] Palantir has quietly secured a seat at the table of global defense, intelligence...

GemSeeker — 5/22/2025 3:23:33 AM

Palantir has quietly secured a seat at the table of global defense, intelligence, and infrastructure modernization. Whether it’s AI battlefield support, sovereign cloud systems, or classified analytics, PLTR is building the future backbone for Western military operations. And the contracts are compounding. Yes, there’s volatility. But that’s what institutional accumulation looks like. It creates opportunity for those who understand how these cycles work. Price drops are often just repositioning moves before the next leg up. That’s not a meme pattern. That’s an algo rotation. PLTR has outperformed the S&P 500 by 500% in the past 12 months. If you’re focused on daily swings, you’ll miss what long-term capital already understands. We’re not here for a quick pop. We’re here because this company is becoming essential to American security AND business productivity. A dual-purpose stock with unlimited potential.

[carranza2] It's definitely overpriced. I sold some. And so have insiders. I am keeping t...

carranza2 — 5/14/2025 6:30:24 PM

It's definitely overpriced. I sold some. And so have insiders.

I am keeping the rest for the long run. Given the crazy upswing of the last 18 months, even a 50% haircut won't hurt that much. A lottery ticket that has paid for itself several times over.

I definitely expect volatility, and a lot of it to the negative side.

I imagine that short-sellers are salivating. Even a tiny bit of bad news will cause chaos.

The federal users I know for a fact really like its products, though they are considered expensive. But the real money will be made in the commercial sector. That aspect of the total addressable market has barely been touched.

Plus, there are a bunch of true believers who keep the momentum going. Institutional investors are calculated by Grok 3 to be at about 45%, which it says "underscores strong institutional backing for Palantir as of May 14, 2025."

Bottom line: I'm holding.

[SirWalterRalegh] PLTR getting ahead of its skis. So-so quarter and very weak guidance for its el...

SirWalterRalegh — 5/14/2025 6:11:03 PM

PLTR getting ahead of its skis.

So-so quarter and very weak guidance for its elevated PE ratio.

I have optioned out my position.

[carranza2] Edit: Link doesn't work

carranza2 — 5/14/2025 5:59:25 PM

[carranza2] BoA calling for a 150 target. Wow. thestreet.com I had to sell a bit (not too...

carranza2 — 5/13/2025 1:06:43 PM

BoA calling for a 150 target. Wow.

thestreet.com

I had to sell a bit (not too much, about 22% ) as the gains were too much, too soon. Nothing wrong in taking profits.

Waiting for Anduril to go public. It is working with Palantir. Anduril might become another Palantir. Wouldn't surprise me in the least to see some sort of formal combination at some point if their eccentric leadership can get along.

Chinese are getting very horsey. Anduril and Palantir could together break the way much of the cost-plus defense procurement structure works. Has to be done to counter the threat from the East.

I was very pleased to see that the new Sec of Defense put a limit on 4 star generals. We support a ridiculous and unnecessary number of the Perfumed Princes. I can only imagine how much it costs to support one of these armchair warriors.

x.com

In other words, things are changing for the better. They are getting more realistic.

[GemSeeker] A monster in the making with a relentless rise in share price. No one on SI seem...

GemSeeker — 5/8/2025 3:17:35 PM

A monster in the making with a relentless rise in share price. No one on SI seems particularly interested. Weird

[Kirk ©] FWIW, he exercised options and sold the 3.75M shares to return to his original s...

Kirk © — 3/19/2025 11:48:26 AM

FWIW, he exercised options and sold the 3.75M shares to return to his original small position.

I believe he still has options for 12,202,734 more shares

secfilings.nasdaq.com

[Selectric II] Unless I misread the SEC Form 4 he filed, after his sales he still owns 12.2 mil...

Selectric II — 3/19/2025 7:42:43 AM

Unless I misread the SEC Form 4 he filed, after his sales he still owns 12.2 million shares of Class B stock and options, convertible 1:1 into Class A stock. See Form 4, Table II, Item 9.

archive.fast-edgar.com

That doesn't look like "offload[ing] nearly all his holdings..."

[Don Green] Palantir Co-Founder Dumps $310 Million in Shares After 31% Stock Drop JP Alegre ...

Don Green — 3/19/2025 5:07:08 AM

Palantir Co-Founder Dumps $310 Million in Shares After 31% Stock Drop
JP Alegre March 18, 2025 12:05 PM

Palantir Technologies (Nasdaq: PLTR) President and Co-founder Stephen Andrew Cohen has offloaded nearly all his holdings in the data analytics company, selling 3.75 million shares worth approximately $310 million, according to regulatory filings.

The transaction, executed on March 12 at an average price of $82.75 per share, left Cohen with just 592 shares in the company he helped establish.

Cohen’s substantial divestment comes during a period of significant price swings for Palantir stock. The company’s shares have fallen approximately 31% from their peak of $124.62 over the past month, closing at $86.24 on March 14.

Despite the recent decline, Palantir’s stock has demonstrated remarkable strength over the longer term, with shares appreciating 259% over the past year.

The company, known for its data analytics software used by government agencies and large corporations, has not commented on the insider sale.

Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

[Ron] Shares of Palantir ( PLTR) dropped nearly 13% on Thursday morning amidst news th...

Ron — 2/20/2025 12:25:14 PM

Shares of Palantir ( PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.S. defense budget.

finance.yahoo.com

[Selectric II] Interesting, story, but really no different from any of 100 other companies, big...

Selectric II — 2/10/2025 6:59:28 AM

Interesting, story, but really no different from any of 100 other companies, big law firms, and NGO's with government business and presence in The Swamp, except perhaps more successful at it than some. And, apparently, more to offer of substance than most if not the vast majority.

Note to self: Add more Palantir.

[Don Green] Palantir’s ‘revolving door’ with government spurs huge growth[graphic](L-R) Pala...

Don Green — 2/10/2025 5:25:07 AM

Palantir’s ‘revolving door’ with government spurs huge growth(L-R) Palantir chief executive Alex Karp, Palantir chair Peter Thiel, US President Donald Trump and US vice-president JD Vance © FT montage/Bloomberg/Getty Images for The Cambridge UnionPalantir is profiting from a “revolving door” of executives and officials passing between the $264bn data intelligence company and high level positions in Washington and Westminster, creating an influence network who have guided its extraordinary growth.
The US group, whose billionaire chair Peter Thiel has been a key backer of Donald Trump, has enjoyed an astonishing stock price rally on the back of strong rise of sales from government contracts and deals with the world’s largest corporations.

Detailed findings by the Tech Transparency Project (TTP), which analysed transparency disclosures and dozens of job moves, as well as US and UK public records obtained by the Financial Times, show how Palantir has hired extensively from government agencies critical to its sales.
The analysis reveals the US group’s sprawling influence network which includes: deep ties with largest client, the Department of Defense; a six-fold increase in lobbying spending in the US in the past decade; and creating a non-profit foundation to fund academic research and shape policy discussions.

Palantir has won more than $2.7bn in US contracts since 2009, including over $1.3bn in Pentagon contracts, according to federal records. In the UK, Palantir has been awarded more than £376mn in contracts, according to Tussell, a data provider. Palantir declined to comment.

The company’s executives “have their fingerprints all over the Trump transition and administration”, said Bill Hartung, senior research fellow at the Quincy Institute for Responsible Statecraft.

“Silicon Valley used to say ‘we don’t have to lobby because we have a superior product’, but now it is all in on politics.”

Palantir argues its data analysis products are in demand from clients including BP and Hertz due to their market-leading ability to analyse complex sets of information. Its technology is credited with helping kill al-Qaeda leader Osama bin Laden, distributing Covid-19 vaccines and convicting financier Bernard Madoff.

Palantir chief Alex Karp — an outspoken Democratic donor who backed Trump’s opponent Kamala Harris — said it would gain further windfalls from the new president’s expected focus on budget efficiency as well as higher spending on national security.

Its shares rose 340 per cent over the course of 2024, when it was the top performer in the S&P 500. Palantir’s top executives, Thiel and Karp, have earned over $1bn in share sales since Trump’s November election victory.

“This is a revolution. Some people will get their heads cut off,”?said Karp announcing stellar quarterly earnings on Monday that sent it stock to new highs. “We’re expecting to see really unexpected things and to win.”
The revolving door While Elon Musk has emerged as Trump’s biggest Silicon Valley booster, Thiel was the tech sector’s champion of the president during his first campaign in 2016.

The investor also played a crucial role in the ascendancy of JD Vance, launching the new vice-president’s venture capital career before becoming the largest donor to his campaign for US senate in 2022.

Thiel threw a celebration party for Trump’s inauguration at his DC home last month, attended by Vance as well as Silicon Valley leaders like Meta’s Mark Zuckerberg and OpenAI’s Sam Altman.
After the US election in November, Trump began tapping Palantir executives for key government roles.

Jacob Helberg, senior adviser to Karp, was nominated as under secretary of state for economic growth, energy and the environment, which would make him the top economic policy and trade official at the State Department.

Meanwhile, Gregory Barbaccia, who worked at Palantir for a decade until 2020, was named federal chief information officer at the executive office of the President, overseeing the country’s $70bn IT budget.

Palantir has also assembled former lawmakers and government officials from both Republican and Democrat backgrounds.

In August, it recruited Mike Gallagher, an ex-Republican congressman who led the House Select Committee on China, to help identify contract opportunities. He resigned from the House in April 2024 and under federal policy is banned from lobbying Congress for one year.

In 2023, Palantir hired Geof Kahn, a former CIA veteran who worked on Trump’s 2016 transition team, and Jamie Fly, former foreign and national security adviser to Florida governor Marco Rubio, Trump’s secretary of state.

Since 2019, it has hired former senior defence and legal officials, such as Trump administration appointees Matthew Turpin and Alexander Alden, Obama-era staffer Wendy Anderson and ex-Biden assistant Funmi Olorunnipa Badejo.

At least six individuals have moved between Palantir and the Pentagon’s Chief Digital and Artificial Intelligence Office (CDAO), an office that oversees the defence department’s adoption of data, analytics and AI, according to the TTP.

Meanwhile, Joe Lonsdale, a venture capitalist and Palantir co-founder, has played a central role in setting up and staffing Musk’s Department of Government Efficiency, a new advisory group seeking to cut swaths of the federal budget.

A close ally of the Tesla chief, Lonsdale also helped establish and finance the pro-Trump America PAC, which became the vehicle through which Musk donated over $239mn to Trump’s campaign.

These sorts of moves allow companies like Palantir to gain “credibility on Capitol Hill,” said Jeff Hauser, executive director of the Revolving Door Project, and help them “exert both direct and indirect influence on contracting and appropriations”.

Hauser added: “Palantir is doing it because it has been proven over decades that the revolving door can help companies win more contracts.”

Ramping up lobbying In October, Palantir hired the firm of one of Washington’s most prominent corporate lobbyists, Miller Strategies, to lobby on defence policy and appropriations, according to federal disclosures.

The firm’s head, Jeff Miller, had established himself as the go-to lobbyist for influencing the Trump administration during the president’s first term in office. His other tech clients include SpaceX, Amazon and Apple.

Overall, Palantir ramped up spending on lobbying last year to $5.8mn, up from around $1mn in 2015, according to federal disclosures. However, that compares to $12.3mn by Google, and $12.4mn and $8.8mn by traditional defence companies Lockheed Martin and Northrop Grumman respectively.

Palantir has also backed the creation of a lobby trade group, the New American Industrial Alliance, which is advised by former Trump administration officials and aims to overhaul the Pentagon’s work with defence contractors. It is also backed by Lonsdale’s 8VC venture firm.

In 2023, it launched the Palantir Foundation for Defense Policy and International Affairs, which gained non-profit tax exempt status.

The group said it is a “non-partisan organisation dedicated to advancing national security”, and was set up to influence policy discussions by funding academic research and hosting conferences. It publishes a journal called The Republic, with its first issue featuring an essay titled, ‘Don’t let copyright kill American AI’.

Palantir has used a similar playbook in the UK. Its British business is overseen by Louis Mosley, a former activist in the Conservative party, while head of UK corporate affairs Ben Mascall was previously an adviser at the Ministry of Defence and the head of strategic communications at Downing Street.

Ahead of winning a contract worth up to £330mn with the NHS in November 2023 to help manage patient data, Palantir recruited two senior NHS officials specialising in AI and data, a move which raised concerns about the company’s growing ties to the health service.
Palantir has also hired civil servants from departments including the UK’s Ministry of Defence and the Home Office, and forged other links with British government officials. It has used former high-level civil servants, such as former MI6 chief Sir John Sawers, to broker introductions to the UK government.

The company has been a client of Global Counsel, the lobbying firm founded by Labour peer Peter Mandelson — the incoming British ambassador to the US. Lobbying expenditure data is not publicly available in the UK.
Palantir attended at least 13 ministerial-level meetings between 2022 and 2023, but also extended hospitality such as drinks and dinners to senior officials such as Caroline Bellamy, the chief data officer at the Ministry of Defence where Palantir has a $75mn contract.

In January 2024, Thiel personally met Lord Dominic Johnson, then investment minister, to “develop a relationship”, according to documents released to the FT under transparency laws.

Johnson planned to address concerns about the lack of access to the European marketplace by Palantir’s defence arm and pitch the UK as a “world-leading destination and incubator for venture philanthropy”, the documents show.

According to heavily redacted meeting notes provided to the FT, Thiel expressed pessimism about the UK economy citing high taxes, low growth and “the fact that growth is driven by real estate rather than innovation like tech”.

[Ruffian] its on fire.....Again!

Ruffian — 2/7/2025 1:09:15 PM

[Ruffian] Agree...

Ruffian — 2/6/2025 2:44:09 PM

[carranza2] Oh, yes. Still in. I think that there is a lot more room to grow. Perhaps th...

carranza2 — 2/6/2025 2:21:09 PM

Oh, yes. Still in.

I think that there is a lot more room to grow. Perhaps the giant leaps are over for a while, but I'm very happy if it should stay the same for the time being.

It is priced to perfection, and I anticipate some downdrafts at some point. Some manipulation has to be expected as big fish manipulate it down to obtain a more favorable entry point.

But at my entry point, teens, it makes no sense to sell.

[Ruffian] huge move tody..U still in?

Ruffian — 2/6/2025 2:11:51 PM

[voop] We all have our own unique risk tolerances to consider. This motley fool arti...

voop — 2/4/2025 12:18:13 PM

We all have our own unique risk tolerances to consider.

This motley fool article speaks of a PEG of 0.38. Meaning undervalued based on growth rate.

From the same article "The company's remaining performance obligation (RPO) -- or sales not yet booked as revenue -- climbed 40% year over year to $1.73 billion. When RPO is outpacing current revenue growth, it provides insight into future potential, suggesting its growth spurt has further to run"

Is there a moat? Company spoke of a decade headcstart on the competition. Is that hyperbole that can not truly be quantified?

fool.com

[Ruffian] GL...

Ruffian — 2/4/2025 10:05:47 AM

[carranza2] Today’s gain so far exceeds my average price. Priced to perfection. We should ...

carranza2 — 2/4/2025 9:41:42 AM

Today’s gain so far exceeds my average price.

Priced to perfection.

We should consider taking some off the table.

[carranza2] Lol!

carranza2 — 2/3/2025 6:59:29 PM

[Ruffian] U are not alone..My broker said Hold!!, I held his neck 1 year later…..

Ruffian — 2/3/2025 6:54:47 PM

[carranza2] How can I ever forget December 29, 1999? Sadly, it taught me an unforgettable l...

carranza2 — 2/3/2025 6:28:04 PM

How can I ever forget December 29, 1999?

Sadly, it taught me an unforgettable lesson: sell when the street parties.

We’re not nearly there yet.

[GemSeeker] Recent comment from Palantir CTO Shyam Sankar "We have a decade-long headstart ...

GemSeeker — 2/3/2025 5:43:15 PM

Recent comment from Palantir CTO Shyam Sankar

"We have a decade-long headstart and that differentiation starts with the Ontology ... to drive AIP across these applications. When you look at the legacy software companies, I'm not sure they understand it yet." "If you look at the models, you see that they're getting better, which is awesome but they're also getting more similar across both closed and open source models. While they're improving, they're converging upon each other. All while the price of inference is dropping precipitously. So if you even look at these model companies, they have to build applications around these models to extract value. That's where we have a decade-long head start.

We've been building the the forge to create and implement AI applications at scale throughout the Enterprise and that differentiation starts with the Ontology, you know, using the Ontology to drive AIP across these applications. When you look at the Legacy software companies, I'm not sure they understand it yet. But when you look at the Innovative Silicon Valley companies they recognize the wall of tech Investments this implies that's in front of them that's going to act like a great filter."

[GemSeeker] "We are at the very beginning of our trajectory." Alex Karp 02/03/2025

GemSeeker — 2/3/2025 5:33:28 PM

[Ruffian] Remember this?..... YYYYEEEEHHHHAAAA!!!!

Ruffian — 2/3/2025 5:32:22 PM

[GemSeeker] Incredible growth lies ahead. The remarkable Alex Karp is in the drivers seat an...

GemSeeker — 2/3/2025 5:30:41 PM

Incredible growth lies ahead. The remarkable Alex Karp is in the drivers seat and this company is going continue to pour on the gas and fly. They have a virtual monopoly on an aspect of AI that no other company can come close to matching (for years, if ever) and what they have to offer will be in demand by a vast number of corporate customers. The government business will be enormous but the corporate business is almost endless. HODL and enjoy the ride of a lifetime!