Will the U.S. government buy a stake in Palantir stock?

On Tuesday, August 26, Commerce Secretary Howard Lutnick stated in a CNBC interview that the Trump administration is actively discussing taking equity stakes in major defense contractors.More precisely, the discussion touched on the expansion of government ownership in Lockheed Martin (NYSE: LMT), RTX (NYSE: RTX), Boeing (NYSE: BA), and Palantir (NYSE: PLTR).“There’s a monstrous discussion about defense. I mean, Lockheed Martin makes 97% of their revenue from the U.S. government. They are basically an arm o ...