The Thiel File/CASE 13/2020–present

Palantir

Who controls Palantir

Thiel, Karp and a special share class that keeps the founders in charge

Alex Karp meets UK Deputy Prime Minister Oliver Dowden at the AI Safety Summit, Bletchley Park, November 1, 2023.
Ben Dance / No. 10 Downing Street · Source & image context ↗

RECORD / AT A GLANCE

SEC filings

Documented. “Thiel owns Palantir” is an overstatement; “Thiel and two co-founders control its votes” is accurate.

THE EVENTS / THE INVESTIGATION / THE STORY

The chronology.

READ THE FILE

Evidence & assessment.

01

The voting trust

What the filings say.

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Open an article for its evidence, labeled AI assessment and numbered sources. Read the complete static edition ↗

WHAT PEOPLE SAY ABOUT THIS FILE

The claims, rated.

2 claims people make about this file, each rated documented, partly true, disputed, unproven or false. Think a rating is wrong? Use Dispute or Support, or join the Discussion.

DOCUMENTED Palantir & surveillance

“Palantir’s founders control nearly half its votes no matter how many shares they own.”

Class F stock gives Thiel, Karp and Cohen up to 49.999999 percent of voting power, subject to ownership thresholds.

Who says it: SEC filings.

The evidence in this file ↗ · On the full claims board ↗

All 153 rated claims ↗

OPEN THE RECORD

Sources & limits.

Numbered citations in each article identify the relevant sources. These records have different purposes and evidentiary weight.

  1. Palantir Technologies prospectus, Rule 424(b)(4), September 2020 ↗

    Primary filing. Thiel is a co-founder and chairman since 2003; he owned about 20.1% of the stock as of 30 June 2020; Class F shares give the three founders up to 49.999999% of the vote.

  2. Palantir 2025 annual report (Form 10-K), filed 2026 ↗

    Primary filing on the business, risks and government customers.

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