'Daddy's Home' – Palantir Creates Two New Billionaires After Trump's Win. Both Own Less Than 2% Stock And Are Thiel's Favorites

Benzinga11-23

Donald Trump is back and so is the boom for Palantir (NYSE:PLTR) – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel’s close associates, joined ...

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Both Own Less Than 2% Stock And Are Thiel's Favorites\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-23 01:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/daddys-home-palantir-creates-two-174539369.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Donald Trump is back and so is the boom for Palantir (NYSE:PLTR) – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel’s close associates, joined ...</p>\n\n<a href=\"https://finance.yahoo.com/news/daddys-home-palantir-creates-two-174539369.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861558580.USD","symbol_name":"日兴方舟颠覆性创新基金B","start_time":0,"source_url":"https://finance.yahoo.com/news/daddys-home-palantir-creates-two-174539369.html","article_id":"2485514292","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485514292","pubTimestamp":1732297539,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Donald Trump is back and so is the boom for Palantir  – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel’s close associates, joined the billionaire club thanks to a massive rise in Palantir’s stock value following Trump's reelection. They own only a small slice of the company – less than 2% each – but it’s more than enough to make them new billionaires.This rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 — With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.However, the business has its detractors, as some analysts question Palantir’s exorbitant price. With its market cap now higher than many of its peers in the tech sector and at 55 times its ann","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4551":"寇图资本持仓","BK4547":"WSB热门概念","HBCP":"Home合众银行","BK4581":"高盛持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","BK4023":"应用软件","BK4106":"数据处理与外包服务","BK4554":"元宇宙及AR概念","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1861217088.USD":"贝莱德金融科技A2","BK4227":"交易和支付处理服务","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4566":"资本集团","BK4211":"区域性银行","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","BK4535":"淡马锡持仓","BK4524":"宅经济概念","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","PLTR":"Palantir Technologies Inc.","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","BK4195":"互助储蓄与抵押信贷金融服务","BK4543":"AI","BK4527":"明星科技股","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","BK4588":"碎股"},"translate_title":"“爸爸的家”——特朗普获胜后Palantir创造了两位新的亿万富翁。两家公司都持有不到2%的股票，并且是泰尔的最爱","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":1,"HBCP":1},"content_text":"Donald Trump is back and so is the boom for Palantir (NYSE:PLTR) – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel’s close associates, joined the billionaire club thanks to a massive rise in Palantir’s stock value following Trump's reelection. They own only a small slice of the company – less than 2% each – but it’s more than enough to make them new billionaires.\nDon't Miss:\n\nThis rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 — With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\nThe global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\n\n\nDaddy's home. https://t.co/0DWZMjlKGx\n— Joe Lonsdale (@JTLonsdale) November 9, 2024\n\nPalantir, the secretive software company known for its work with government agencies, has seen its stock price shoot up more than 270% this year, partly because of Trump's victory and the expectation of increased defense spending. With deep ties to government contracts and projects that align well with Trump's priorities, investors seem to be betting big on Palantir's future.\nJoe Lonsdale, who left Palantir in 2009, still holds about a 1% stake in the company, which Forbes estimates is worth roughly $1 billion. Lonsdale, who's been vocal about his support for Trump's reelection, called this moment “morning again in America” and tweeted, “Daddy’s Home.” Through his venture firm 8VC, he's invested in other defense and software companies, solidifying his role as a key figure.\nSee Also: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – You can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\nStephen Cohen, who's still president of Palantir, owns about 1.5% of the company's shares. He and Lonsdale worked closely with Peter Thiel, Palantir's better-known cofounder and were part of Thiel's inner circle during the company’s early days. Both men – in their early forties – now have significant fortunes due to their involvement in the company, all thanks to their early involvement and the recent surge in its value.\nPalantir's recent stock jump hasn't just benefited Lonsdale and Cohen. The two other cofounders, Peter Thiel and Alex Karp, have been billionaires for quite some time now. The company's valuation reached a staggering $150 billion last week, fueled by increased revenues and strong government contracts, including a new $99.8 million deal that pushed its quarterly earnings to an all-time high. The fact that Palantir’s most recent earnings report outperformed analyst estimates has only raised the excitement.\nHowever, the business has its detractors, as some analysts question Palantir’s exorbitant price. With its market cap now higher than many of its peers in the tech sector and at 55 times its annual revenues, CEO Alex Karp and cofounder Thiel, who have been selling chunks of their stock since Trump's win, haven't exactly calmed these fears. Still, Palantir's unique role as a government contractor and a commercial AI leader keeps it in the spotlight.\nRead Next:\n\nMaker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.\n‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones – invest today with $1,000 for just $0.25/share\n\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nPALANTIR TECHNOLOGIES (PLTR): Free Stock Analysis Report\n\nThis article 'Daddy's Home' – Palantir Creates Two New Billionaires After Trump's Win. Both Own Less Than 2% Stock And Are Thiel's Favorites originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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