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Elon Musk's DOGE, Tightening Purse Strings Spell Trouble For Palantir: Here's Why The AI Darling Is Facing The Heat

Summary

For a company that depends on government contracts, primarily the US government for most of its revenue, Palantir (NASDAQ: PLTR) has a lot at stake with the federal budget about to get slashed to the tune of $1 trillion by May this year, as part of the D.O.G.E initiative, spearheaded by Elon Musk.

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Article published on April 2, 2025 by benzinga