They’re Ultrarich Techies, and They Want to Build a City From Scratch. What Could Go Wrong? [The New York Times]
Palantir Technologies Inc. - Class A (PLTR)
Company Research
Source: The New York Times
Tech leaders are fed up with cities and their politics. So they want to start over. And that doesn’t bode well for cities old or new.We recently learned thatthe mysterious company gobbling up landbuild cities “from the internet up,”“charter cities”“Seasteader” cities floating on waterfloating in spaceTexasMarsa venture capital firmAs a professor of urban tech who has worked in the industry for years, I’ve been recruited to lead some of these Technotopian ventures. What I learned from these meetings keeps me focused on my day job. The tech leaders may have the money to build new cities, and they certainly have the hubris. What they lack is the disposition.Cities and their problems have long bedeviled people in power. The Technotopians are just the latest in a grand tradition of American business magnates aspiring to build their dreams — fromPullman, Ill.Epcot CenterTo state the obvious: Cities are not start-ups. They can’t keep up with the tech industry’s rate of innovation. That frust
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PLTR
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- 11/3/25 - Beat
PLTR
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- 12/16/25 - Form 4
- 12/12/25 - Form 144
- 12/3/25 - Form 4
- PLTR's page on the SEC website