Palantir profits from the “turning doors” of the executives and officials who have passed between $ 264 billion for data intelligence and high positions in Washington and Westminster, creating a network of influence that led their extraordinary growth.
The US group, whose President of the billionaire Peter Thiel was key support for Donald Trump, enjoyed an amazing set of shares on the back of a strong increase in sales from government contracts and contracts with the world’s largest corporations.
Detailed findings to Technological transparency project (TTP), who analyzed the posts of transparency and dozens of job movements, as well as the American and British public records received by the Financial Times show that Palantar intensively hired from government agencies that are critical for his sale.
Analysis detects a network of widespread influence of the US group that includes: deep ties with the largest client, the Ministry of Defense; a six times increase in the US consumption in the US in the last decade; and the creation of a non -profit foundation for funding academic research and shaping the discussions on politics.
Palantar won over $ 2.7 billion in US contracts since 2009, including more than $ 1.3 billion in Pentagon contracts, according to federal records. In the UK, Palantir has been awarded more than £ 376 million in contracts, Tussell said, the data provider. Palantir refused to comment.
Company “fingerprints all over Trump’s transition and administration,” said Bill Hartung, a senior research associate with the Quincy Institute for Responsible States.
“The Silicon Valley said,” We don’t have to lobby because we have a top product, “but now everything is in politics.”
Palantir claims that his data analysis products have been requested by clients, including BP and Hertz, due to their ability leading on the market for analysis of complex information sets. His technology is responsible for help killing the leader of Al-Qaede Osama bin Laden, the distribution of the Coid-19 vaccine and the dock of financiers Bernard Madoff.
Chief Palantir Alex Karp – Open Democratic donor who supported Trump’s opponent Kamal Harris – he said he would get additional winds from the expected focus of the new president on budget efficiency as well as higher consumption on national security.
His shares increased by 340 percent during 2024, when he was the best performer in the S&P 500. The Palantir’s best managers, Thiel and Karp, earned more than $ 1 billion at the sale of shares from Trump’s victory in November elections.
“This is the revolution. Some will cut off their heads,” Karp said, announcing Stellarni Three -month earnings He sent a stock on Monday with a new highway. “We expect to see really unexpected things and win.”
Swing door
While Elon Musk appeared as Trump’s greatest enhancer of the Silicon Valley, Thiel was the champion of the president of the Technology Sector during his first 2016 campaign.
The investor also played a key role in the rise of JD Vance, launching the career of a risky capital of the new vice -president before becoming the biggest donor in his campaign for US Senate 2022.
Thiel He organized a party celebration for Trump’s inauguration at his home of DC last month, attended by Vance, as well as the leaders of the Silicon Valley such as Marko Zuckerberg and Openai’s Sam Altman.
After the US elections in November, Trump began beating the exquolitioners for key state roles.
Jacob Helberg, senior Karpa advisor, was appointed State Secretary for Economic Growth, Energy and Environment, which would make him a major economic policy and a trade official in the State Department.
Meanwhile, Gregory Barbaccia, who worked in Palantor for ten years until 2020, was appointed Federal Chief Director for Information at the Executive Office of the President, overseeing the IT budget of $ 70 billion.
Palantar also brought together former lawmakers and government officers from republican and democratic origin.
In August, he hired Mike Gallagher, a former Republican Congressman who led the Cinema House selection committee to help recognize the possibility of contract. He resigned from the house in April 2024, and under federal politics it was forbidden to lobby the Congress for a year.
In 2023, Palantir hired Geof Kahn, a former CIA veterans who worked on the Trump transition team for 2016, and Jamie Fly, a former foreign and national security counselor Florida Marco Rubio, Trump’s Secretary of State.
Since 2019, he has hired former high defense and legal officers, such as Trump’s administration of appointed Matthew Turpina and Alexander Alden, an employee of Obame Wendy Anderson and former assistant Funmi Olorunnip Badejo.
At least six individuals moved between Palanti and the Main Office for Digital and Artificial Intelligence Pentagon (CDAO), an office that monitors data adoption, analytics and AI, AI, according to TTP.
Meanwhile, Joe Lonsdale, co-founder of risk capital and Palantar, played a central role in the founding and staff of the Musk Ministry of the Government, a new advisory group that wants to reduce the parts of the federal budget.
A close ally of Tesla chief, Lonsdale also helped establish and fund Pac Pac Pac, who became a vehicle through which Musk donated more than $ 239 million to Trump’s campaign.
These types of strokes allow companies such as Palanti to get “credibility on Capitol Hill,” said Jeff Hauser, the CEO of Revolving Doors project, and help them “execute a direct and indirect impact on contracting and extracting.”
Hauser added: “Palantir does this because it has been proven for decades that the agile door can help companies win more contracts.”
Lobbying
In October, Palantar hired a company of one of the most prominent corporate lobbyists in Washington, Miller Strategies, who would lobby about defense policies and approved funds, according to federal publication.
The head of the company, Jeff Miller, established herself as a lobbyist for impact on Trump’s administration during the president’s first term of office. His other technological clients include Spacex, Amazon and Apple.
Overall, Palantir increased their consumption last year to lobby to $ 5.8 million, which is about $ 1 million in 2015, according to federal posts. However, this is compared to Google $ 12.3 million, and the traditional Lockheed Martin and Northrop Grumman defense companies of the traditional $ 12.4 million and $ 8.8 million company.
Palantir also supported the creation of a lobbying trade group, the New American Industrial Association, advised by former Trump administration officials and aims to overhaul the work of Pentagon’s work with defense contractors. It is also supported by Lonsdale’s 8VC venture company.
In 2023, she launched the Palantar Foundation for Defense Policy and International Affairs, which acquired non -profit tax status.
The group said it was a “non -partisan organization dedicated to improving national security” and was founded to influence discussions on policy by funding for academic research and hosting conferences. He publishes a magazine called The Republic, with its first number containing an essay entitled “Don’t Let Copyright Kill American Ai”.
Palantir used a similar book in the UK. His British job supervises Louis Mosley, a former Conservative Party activist, while Ben Mascall’s Corporate Affairs Head of Britain was previously an advisor at the Ministry of Defense and the head of strategic communication in Downing Street.
On the eve of conquering the contract Worth up to £ 330 million With NHS in November 2023 to help management of patients data, Palantir conscript Two senior NHS officials specialized in AI and data, which caused concern about growing ties with a company with a health care service.
Palantar also hired civil servants from the department, including the British Ministry of Defense and the registry office, and established other ties with British government officials. She used former civil servants at a high level, such as former head of MI6 Sir John Sawers, for intermediating in an introduction to the British government.
The company was a client of a global advisor, a lobbying company founded by Labor Peer Peter Mandelson – Incoming British ambassador to the United States. Data on lobbying expenditure are not publicly available in the UK.
Palantir attended at least 13 meetings at the level of ministerial studies between 2022 and 2023, but also expanded hospitality such as drinks and dinner to senior officials such as Caroline Bellamy, the main data at the Ministry of Defense, where Palantar has a contract of $ 75 million .
In January 2024, Thiel personally met Lord Dominic Johnson, the then Minister of Investment, to “develop a relationship”, according to documents published by FT under the Laws on Transparency.
Johnson was planning to deal with concern about lack of access to the European market by Palantor’s defense and to set up a “world destination and a venture philanthropy incubator,” the documents show.
According to the strongly edited note of the meeting, the FT provided, Thiel expressed the pessimism of the Great Britain’s economy, citing high taxes, low growth and “the fact that growth is initiated by real estate, not innovation such as technology.”
