Trump touted Palantir on Truth Social after buying the companys stock, records show
Summary
President Trump purchased between $247,008 and $630,000 of Palantir stock in Q1, with at least seven buys in March and sales in February that totaled as much as $5 million. He publicly praised Palantir on Truth Social shortly after those purchases as the stock fell amid a broader software selloff and scrutiny from short sellers. Several transactions were marked "unsolicited," and the Trump Organization says independent, discretionary accounts managed by third parties execute all investment decisions. Palantir, a defense-focused AI software firm, has expanded ties to the administration, and the story highlights overlap between political influence and investments in a major ISV.
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industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
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Infrastructure Software
Enterprise Software
Cybersecurity Software
Linked Companies
Broadcom Inc.
$50M to $100M
NVIDIA Corporation
$1B+
ServiceNow, Inc.
$1B+
Oracle
$1B+
Palantir
$1M to $5M
Amazon
$1B+
Microsoft
$1B+
Workday
$1B+