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Barchart
Justin Estes

Palantir CEO Alex Karp Says Skeptics Have Been ‘Defanged’ and ‘Bent into Submission’ as Quarterly Revenue Passes $1 Billion

Alex Karp Palantir PLTR Tesla Inc.

Palantir (PLTR) recently crossed the milestone of $1 billion in quarterly revenue, as celebrated by CEO Alex Karp in his most recent letter to shareholders.

“This is still only the beginning of something much larger and, we believe, even more significant,” Karp wrote. The company generated more than $1 billion in revenue for the second quarter, marking a 48% increase over the same period the year before, and reached an annual run rate of over $4 billion.

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