✈️ Another $1bn Deal | Palantir Bullets #169
but Burry says "Karp Travels Too Much"
Editor: Emanuele Marabella
Hey, we got mentioned on TV 🙌
Thank you, Mike!
Last week:
Palantir won a deal worth up to $1bn with the US Department of Homeland Security to expand the use of AI across its agencies without initiating separate competitive contracts for each deployment.
“DHS is expected to use Palantir’s platforms to support investigative case management, threat identification, logistics coordination and operational planning” - Palantir press release
Palantir partnered with Rackspace to enhance Governed Managed Operations in Rackspace’s Private Cloud and UK Sovereign data centers.
“As part of this collaboration, Rackspace has 30 Palantir-trained engineers to provide data migration and apply a forward deployed approach to solving high impact customer problems and is on track to scale to over 250 in the next 12 months.” - Palantir press release
Burry released an additional article to his short thesis. Among the claims, Burry argued that Alex Karp is spending too much on travel…
Palantir was recognized as a winner in 15 categories of the 2025 Dresner Advisory Services Awards, including Semantic Layer, Agentic AI, and AI/Data Science/Machine Learning.
Mizuho upgraded Palantir’s price target to $195:
“With PLTR's 2026E EV/FCF valuation multiple having fallen 46% in the first six weeks of the year, we believe the de-rating has occurred and that the risk/reward is now attractive." - Gregg Moskowitz, Mizuho
Palantir moved its headquarters to Miami.
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