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Stock impact report

High flyer: Palantir CEO Alex Karp spent $17.2 million on private jets in 2025, filing reveals [Fortune]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Fortune
has highlighted startling details buried in the company's latest 10-K filing, the annual report that all publicly traded companies make with the Securities and Exchange Commission. Recommended Video The most eye-catching revelation concerns the travel habits of CEO Alex Karp, whose executive aircraft expenses more than doubled over the previous year, suggesting the chief executive may have spent nearly one-third of his year in the sky. In the 10-K, Palantir disclosed Karp incurred $17.2 million in executive aircraft expenses in calendar year 2025, covering both personal and business travel. This figure represents a massive surge from the $7.7 million reported in 2024. To put this spending into perspective, Jefferies analysts crunched the numbers on flight costs. If Karp were utilizing a mid-sized jet with an estimated operating cost of $7,000 per hour, the $17.2 million total implies he logged roughly 2,457 flight hours. That equates to approximately 28% of the entire year, or r Show less Read more
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