Palantir: Opportunity of a Lifetime or Bubble of the Century?
Palantir, a data analytics firm shrouded in mystery, has seen its stock surge by 2000% since 2023. With predictive platforms used by the CIA, global militaries, and Fortune 500 companies, its valuation now exceeds $400 billion. Yet, trading at 107 times sales, some analysts warn of a potential 60% correction by 2027.
Founded in 2003 by Peter Thiel with CIA backing, Palantir operates like a modern-day oracle—its name inspired by Tolkien's seeing stones. CEO Alex Karp, an unconventional leader with a philosophy background, steers the company through explosive growth and mounting skepticism.