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Palantir’s ‘revolving door’ with government spurs huge growth

Peter Thiel-chaired group has Washington and Westminster network that helped secure around $3bn in official contracts

Palantir is profiting from a “revolving door” of executives and officials passing between the $264bn data intelligence company and high level positions in Washington and Westminster, creating an influence network who have guided its extraordinary growth.

The US group, whose billionaire chair Peter Thiel has been a key backer of Donald Trump, has enjoyed an astonishing stock price rally on the back of strong rise of sales from government contracts and deals with the world’s largest corporations.

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