[estetlinus]

Michael Burry is extremely bearish on their business model and has written excellent pieces on why he is shorting Palantir.

[impossiblefork]

The valuation is obviously insane. You can't have that kind of P/E ratios.

Same thing with Tesla.

[caminante]

I don't get it either man.

Still have >$300 billion market cap on <$5 billion annual revenues. This is AFTER falling 30% since December.

[asdff]

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.

[impossiblefork]

But is Trump really going to give Palantir a contract allowing Palantir to make 10-15 billion per annum and hand that out to shareholders? That's what's required to get the P/E ratio to 15.