Palantir shares slide after manifesto post denouncing 'regressive' cultures

Palantir's market value drops after publishing a controversial manifesto criticizing 'regressive' cultures and defending far-right principles, sparking backlash and scrutiny of its government contracts.

Palantir's market value drops after publishing a controversial manifesto criticizing 'regressive' cultures and defending far-right principles, sparking backlash and scrutiny of its government contracts. | Contesto: cronaca

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  • Palantir shares slide after manifesto post denouncing 'regressive' cultures

Contesto

Shares in the controversial data analytics firm Palantir fell sharply on Monday, April 20, 2026, following the company's publication of a 22-point ideological manifesto on social media that denounced "regressive" cultures, criticized pluralism, and espoused principles widely described as far-right. The weekend post, which the company prefaced by stating "we get asked a lot about it," triggered immediate backlash from human rights campaigners, journalists, and political figures, with analysts citing "potential reputational risks and political scrutiny" as the cause for the stock decline. The manifesto, largely adapted from a book co-authored by Palantir CEO Alex Karp, articulated a worldview that explicitly ranks cultures, warning against the "shallow temptation of a vacant and hollow pluralism." It stated that while some cultures have "produced wonders," others have proven "regressive and harmful." The document also defended billionaire Elon Musk's advocacy for a "grand narrative," criticized the scrutiny of wealthy public figures, and called for the rearmament of Germany and Japan. This public declaration of a partisan, hardline stance marks a significant escalation for a company already deeply enmeshed in national security and healthcare systems across the United States, United Kingdom, and Israel. The reaction was swift and severe. Lewis Backon of the Palestine Solidarity Campaign stated the manifesto was "stuffed with far-right rhetoric" and directly linked it to Palantir's software enabling "state violence across the globe." On social media, commentators described the post as "cartoonishly evil" and "extremely normal and fine," the latter a sarcastic remark from Bellingcat founder Eliot Higgins. Journalist Andrew Feinstein connected the rhetoric to co-founder Peter Thiel's upbringing in apartheid-era Southern Africa. The backlash underscores the growing tension between Palantir's expanding public sector ambitions and its founders' openly reactionary political philosophy. This controversy amplifies long-standing ethical concerns about Palantir's core business. A United Nations report from Special Rapporteur Francesca Albanese in July accused several tech...

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Categoria: cronaca