- Alex Carp, CEO of Palantir, said he was optimistic about the turmoil led by Doge Elus Musk.
- Carb said he believed he would be useful for the United States and Petter, which has large government contracts.
- The real Palantir competition is “non -accountability in the government.”
Alex Carb, the founder and CEO of the Software Company, said that he believes that the government efficiency management in Elon Musk will disrupt the US government – and that it will be useful for Americans and the company he is leading.
“We love the turmoil, and anything good for America will be useful for the Americans and very good for Palantir,” said Carb in response to a question about Dog during the company’s quarterly profit calling.
“The turmoil, at the end of the day, reveals things that do not work,” he said. “There will be up and down. There is a revolution. Some people will cut off their heads. We expect to see really unexpected things and win.”
Two weeks after President Donald Trump’s second mandate, the disturbances of Duji included movements to dismantle the United States Agency for International Development, the agency that holds US foreign aid and acquisition of federal workers.
Palantir has contracts with governmental organizations, in the United States and abroad, many of which use their programs for military and intelligence operations. In the United States, Palantir has contracts with the US military and the Ministry of Defense, including some hundreds of millions of dollars.
On Monday, the Balnoter’s profit report won the expectations of analysts, as the United States’ revenues increased by 52 % on an annual basis. The company said that the US government’s revenues for the fiscal year 2024 grew by 30 % on an annual basis to $ 1.2 billion. Palantir shares rose about 24 % after an hour amid profit news.
It has a close relationship, sometimes complex, with the American government. In 2016, Palantir Flight a lawsuit against the US militaryAccusing him of bias in the bidding process. Paltir won the case and has since received many contracts with the army. In December, Balntir announced that she had a contract with the army for more than $ 400 million.
The declared priority for Doge, which is now an office in the White House led by Musk, is to make the government more efficient by cutting spending and reorganizing some federal agencies. In the first week, Dog said it had canceled the federal government contracts worth $ 420 million.
KARP recently defended the musk against criticism that a gesture was like a Nazi greeting. He said CNBC The description of Nazi musk was “completely ridiculous and a complete rewriting of history.”
Palantir Cto Shyam Sankar also said in Monday’s profit call that Duji would be good for the company.
Sancar said: “The real competition competition is the lack of accountability in the government,” Sankar said. “Dog will bring merit and transparency to the government.”
