Tech Darling Palantir Mints Two More Billionaires In Post-Election Surge [Forbes]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Forbes
Trump's win has been good for Palantir shareholders. Especially these two. By Phoebe Liu, Forbes Staff P alantir cofounder and venture capitalist Joe Lonsdale saw Donald Trump's reelection as president earlier this month as a win for the United States. “It's morning again in America,” read a November 5 post on X from Lonsdale, who helped Elon Musk raise money for Trump through the America PAC. “Daddy's home,” he wrote in another It's also a win for Lonsdale. Although he hasn't worked at Palantir since 2009, Forbes estimates that he still owns a stake in the company, which he recently called part of a “new prime” of defense companies that are excited about a second Trump presidency. Thanks to a combination of growth and fervor, Palantir's share price has shot up more than 50% since election night. That jump coincided with Palantir's strong quarterly earnings report, in which it reported a 40% increase in revenue from U.S. government customers and a new government contrac
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PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- PLTR's page on the SEC website