Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical
1. Palantir's market cap reached $281 billion, surpassing Salesforce. 2. Stock price has quintupled over the last year, up 58% in 2025. 3. Government business grew 45% to $373 million last quarter. 4. Palantir's high valuations pose concerns against its lower sales figures. 5. CEO Karp defends controversial defense contracts despite investor skepticism.