If You Invested $10,000 in Palantir During Its IPO, Here's How Much You'd Have Now

Core Insights - Palantir Technologies has demonstrated remarkable growth, resembling that of a tech start-up during the current AI boom, despite being established for over 20 years [1] - The company's revenue has consistently increased in double digits, and its stock price has significantly risen, attributed to its ability to help customers effectively utilize AI [2] Financial Performance - Palantir's IPO occurred in 2020, and an investment of $10,000 at that time would now be worth over $142,820, although it has decreased from a peak of over $180,000 [5] - The stock's near-term movements are unpredictable, but long-term potential appears more assessable [6] Business Model and Growth Drivers - Palantir has a strong portfolio of government contracts, which continue to grow in double digits, while also attracting a growing number of commercial customers [7] - The launch of Palantir's Artificial Intelligence Platform (AIP) in 2023 has enhanced its technology and earnings growth, coinciding with an increase in U.S. commercial customers [8]