Palantir has added more than $23bn to its market capitalisation since Donald Trump was elected US president this month, as investors bet the secretive government contractor will be among the biggest winners of enhanced federal spending on national security, immigration and space exploration.
The latest stock rise adds to a blistering rally for Palantir in the past year, with its shares up having almost tripled to $61 per share, giving the company a value of almost $140bn.
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