Reported 1 day ago
Palantir's CEO Alex Karp sold nearly $2 billion in company stock last year, primarily in the weeks leading up to the 2024 presidential election. The company saw its stock value surge over 600%, allowing Karp to profit handsomely, with $1.4 billion derived from the sale of 25 million shares around the election period. His planned future sales could exceed an additional $1 billion. Karp's unique background and progressive views contrast with co-founder Peter Thiel, who supports conservative policies.
Source: YAHOO