Palantir is expected to fetch a $22 billion valuation in its market debut next week, report says



Arnd Wiegmann/Reuters


© Arnd Wiegmann/Reuters
Arnd Wiegmann/Reuters

  • Palantir, the secretive technology firm, could fetch a $22 billion price-tag at its planned market debut on September 30, the Wall Street Journal reported on Thursday.
  • Palantir’s bankers have said the company could start trading at $10 a share, equating to a market valuation of about $22 billion.
  • The controversial company is choosing to bypass the traditional initial-public-offering route, and opt for a direct listing instead.
  • In the past year, Palantir’s stock in its private listing has trended higher.
  • Visit Business Insider’s homepage for more stories.

Big-data company Palantir Technologies is expected to carry a $22 billion price-tag when it goes public by the end of September, WSJ reported.

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The data-miner is avoiding a traditional IPO route and instead choosing to go public via a direct listing, the Journal reported.

According to WSJ, Palantir’s bankers have told investors that shares could start trading

Read More

Secretive data-miner Palantir could fetch a $22 billion price-tag at its market debut next week, WSJ says


  • Palantir, the secretive technology firm, could fetch a $22 billion price-tag at its planned market debut on September 30, the Wall Street Journal reported on Thursday.
  • Palantir’s bankers have said the company could start trading at $10 a share, equating to a market valuation of about $22 billion.
  • The controversial company is choosing to bypass the traditional initial-public-offering route, and opt for a direct listing instead.
  • In the past year, Palantir’s stock in its private listing has trended higher.
  • Visit Business Insider’s homepage for more stories.

Big-data company Palantir Technologies is expected to carry a $22 billion price-tag when it goes public by the end of September, WSJ reported.

The data-miner is avoiding a traditional IPO route and instead choosing to go public via a direct listing, the Journal reported.

According to WSJ, Palantir’s bankers have told investors that shares could start trading at $10 each, giving

Read More