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Outlet profile

Palantir

Corporate source, not a news outlet: U.S. defense and data-analytics contractor (its own statements come from the company's point of view)

Owned byPublicly traded company (NASDAQ: PLTR). It has no single owner. Co-founders Peter Thiel (chairman, about 4% of shares in April 2026), CEO Alex Karp and president Stephen Cohen share control of roughly 50% of voting power through a founder voting trust. The rest is held by institutional and retail shareholders.
FundingRevenue from software contracts with governments (U.S. Army, intelligence, defense and homeland security agencies, allied governments) and commercial customers, plus public equity markets. Q2 2026 revenue was about $1.94 billion, including about $809 million from U.S. government customers. It takes no advertising or subscriptions.
On the administrationbroadly supportive

Background

Palantir was founded in 2003 by Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen and Nathan Gettings. Its early backers included the CIA's venture arm, In-Q-Tel. It built data-integration and analysis platforms (Gotham, Foundry, and later the AI Platform) for intelligence, military and law-enforcement customers, then expanded into commercial clients. It went public through a direct listing in September 2020. Thiel has been chairman since 2003 and Karp CEO since 2005. The company has faced criticism over its work with U.S. immigration enforcement, police departments and foreign militaries, and over privacy and surveillance concerns. Karp has defended the work and describes it as supporting Western security. Under Trump's second term, Palantir's federal business has grown sharply, including a reported $10 billion, 10-year U.S. Army agreement in July 2025. Reporting also notes that Thiel has close ties to figures in the administration, such as Vice President JD Vance, and that Trump disclosed buying Palantir shares in early 2026. Readers should treat Palantir's own material as corporate messaging and compare it with independent reporting and its SEC filings. Palantir is scheduled to report third-quarter 2026 earnings on November 2.

Sources

  1. Palantir CEO Defends Surveillance Tech as US Government Contracts Boost Sales - GV Wire
  2. Palantir, a Big Tech company at the heart of the Trump administration - Multinationals Observatory
  3. Palantir Q2 2026 earnings: Revenue up 93%, guidance raised - Yahoo Finance
  4. Palantir Technologies Inc. - Form 8-K Q2 2026 press release (SEC)
  5. Who Owns Palantir? Shareholders and Voting Control (2026) - AI Funding Tracker

Profile compiled 2026-11-01; refreshed when ownership, funding, or the administration changes.

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