alt Hacker NewsMichael Burry is extremely bearish on their business model and has written excellent pieces on why he is shorting Palantir.
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asdff • today at 7:48 PM
Burry is probably right, but he forgets that Thiel is friends with Trump, so the merits of business don't matter for Palantir to secure lucrative government contracts.
The valuation is obviously insane. You can't have that kind of P/E ratios.
Same thing with Tesla.