Geopolitical Economy Report Palantir executives sell their shares as the stock crashes - but they smear critics as 'crazy'
Nov 29, 2025
Palantir's stock is under scrutiny as executives dump shares while CEO Alex Karp defends the company against short-sellers, labeling them as 'crazy.' Discussions delve into the AI bubble, mass surveillance ties, and government contracts fueling its rise. The CEO's emotional rants raise eyebrows, especially when juxtaposed with insider sales worth millions. With an absurd price-to-earnings ratio and the looming threat of a market crash, the tension between Palantir and its critics intensifies, questioning the sustainability of its valuation.
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U.S. Economy Runs On Sequential Bubbles
- Ben Norton argues the U.S. economy repeatedly relies on sequential financial bubbles since the 1980s.
- He identifies the current biggest bubble as AI-driven stock mania, beyond just big tech names.
Palantir As A Politically Driven Bubble
- Ben Norton names Palantir as possibly the most overvalued company tied to the AI bubble.
- He links Palantir's valuation surge to political factors rather than fundamentals.
Stock Surge After Trump Win
- Norton recounts that after Trump won in November 2024, Palantir's stock skyrocketed on speculation.
- He says famous investors began shorting Palantir and executives reacted angrily on TV.
