Palantir Co-Founders Thiel, Lonsdale Back Trump In 2024 Election: "I'd Rather Have Him...Than Biden'
Portfolio Pulse from Chris Katje
Palantir Technologies Inc (NYSE:PLTR) co-founders Peter Thiel and Joe Lonsdale have publicly declared their support for Donald Trump in the 2024 election. Thiel, who has a history of supporting Trump, stated he would vote for Trump over Biden but will not donate to Trump's super PAC. Lonsdale criticized Biden's policies and praised Trump's competence. The support from these influential figures could spotlight Palantir, especially if Trump wins and Thiel and Trump repair their relationship.
June 28, 2024 | 7:42 pm
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Palantir Technologies Inc (NYSE:PLTR) co-founders Peter Thiel and Joe Lonsdale have publicly declared their support for Donald Trump in the 2024 election. Thiel, who has a history of supporting Trump, stated he would vote for Trump over Biden but will not donate to Trump's super PAC. Lonsdale criticized Biden's policies and praised Trump's competence. The support from these influential figures could spotlight Palantir, especially if Trump wins and Thiel and Trump repair their relationship.
The public support from Palantir co-founders for Trump could bring attention to Palantir, especially if Trump wins the election. Thiel's history with Trump and his position on Palantir's board could lead to favorable government contracts for Palantir if Trump wins and their relationship improves.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100