Palantir is now worth $374.75 billion. Bigger than Home Depot. Procter & Gamble. Bank of America. Coca-Cola. But it only brings in $3.1 billion annually. That’s a 120x price-to-sales ratio. Not driven by product. Driven by surveillance.
In Q2 2025, Palantir’s government contracts surged 45 percent. The spike wasn’t military. It was federal civilian. IRS signed for a searchable taxpayer database. ICE paid $30 million for a deportation tracking system. CIA linked Palantir into biometric scans, intercepted calls, and utility data. DOJ fed it court filings. USPS is testing predictive mail routing.
Gotham and Foundry ingest everything. Surveillance feeds. License plates. Bank records. Health files. Social media. Visa logs. Then they predict. Patterns. Risk scores. Behavior forecasts. Target flags.
Hospitals use it to predict patient outcomes. F1 teams use it to win races. Citibank replaced whole analyst teams with Palantir models. JPMorgan uses it for internal threat detection. Hedge funds detect market irregularities before they register.
The Department of Government Efficiency is pushing full system interoperability. IRS tax data. Social Security files. Immigration records. Palantir is the unified layer. Elon Musk oversees the merger. Internal memos say the firm is building a master database. Former staff say they were told to stop asking questions.
https://companiesmarketcap.com/palantir/marketcap/
https://finance.yahoo.com/news/palantir-joins-u-corporate-giants-193337664.html
https://techxplore.com/news/2025-07-palantir-ai-giant-dominance.html