Palantir CEO Criticizes Short Sellers, Claims They Harm Great American Companies

Alex Karp, CEO of Palantir, accuses short sellers of betting against American companies to fund their cocaine habits, sparking controversy.

Palantir CEO Alex Karp accuses short sellers of undermining American companies to finance their cocaine habits.
Karp's comments followed Palantir's stock surge of approximately 46% this year, attributing the rise to the company's recent deal with the US Army.
The CEO's remarks have led to a backlash, with some Palantir employees leaving due to the company's vocal support for Israel.
Despite the controversy, Palantir's stock continues to perform well, with a significant one-day spike after announcing a military contract.
Karp's unconventional statements highlight the tension between Palantir and investors betting against the company.