Palantir CEO Alex Karp Sells $96M in Shares Amid AI Dominance Claims
Alex Karp offloaded 585,000 Palantir shares worth approximately $96 million on November 20, doubling down on his conviction that the company remains undervalued despite its 600% stock surge this year. "We’re the most important software company in America," Karp declared during a combative CNBC appearance, dismissing short sellers as "super triggering."
Palantir’s AI tools now underpin critical government operations—from ICE deportations to Pentagon drone strikes and predictive policing. Its global reach extends to military deployments in Gaza and Ukraine, fueling ethical debates about data weaponization. Karp’s unorthodox leadership style draws comparisons to Musk and Zuckerberg, but his fusion of Silicon Valley ambition with defense-contractor pragmatism carves a unique path.
