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Donald Trump > Top News > The gleeful profiteers from Trump’s police state
Top News

The gleeful profiteers from Trump’s police state

By Miles Cooper February 6, 2025 Top News
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Palantir CEO Alex Karp positive turns out glad concerning the prospect of the use of his era to “kill.” Christoph Hardt/ZUMA Press

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On a choice with traders previous this week, Palantir CEO Alex Karp—contemporary off per week of inventory surges—used to be euphoric. “We’re doin’ it!” he yelled, palms unfold huge. “And I’m sure you’re enjoying this as much as I am!” 

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The “it” in query? It appeared it used to be a connection with enabling President Donald Trump’s management to hold out mass deportation and police surveillance regionally whilst helping the “West” globally—movements which, “on occasion,” Karp stated at the name, would possibly contain the wish to “kill.”

“I’m very happy to have you along for the journey,” the CEO stated. “We are crushing it. We are dedicating our company to the service of the West, and the United States of America, and we’re super-proud of the role we play, especially in places we can’t talk about.” 

“Palantir is here to disrupt,” he persevered. “And, when it’s necessary, to scare our enemies, and on occasion, kill them.” (Palantir didn’t reply to a request for remark.)

Line graph showing an upward trend in profits for the company Palantir from January 2024  through January 2025. There is a steep increase after Donald Trump's mass deportation orders in January 2025.Google Finance

This kind of rhetoric isn’t new for Karp. In 2020, he made headlines doing the similar factor: pronouncing that Palantir used to be used “on occasion to kill people.”

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Based in 2003 via Karp and Trump donor Peter Thiel, Palantir provides knowledge research device—known as “spy tech” via its critics—to governments and firms. That device has reportedly been used to lend a hand generate “kill lists” for the Israeli Protection Forces (IDF), goal immigrant households for deportation from america, and permit rogue staff to undercover agent on co-workers.

Karp made Palantir’s courting to violence extra forcefully obtrusive in his newest letter to shareholders, launched on February third. Within the report, he quotes political scientist Samuel P. Huntington, who famously wrote that Hispanics can not assimilate into American society. “The rise of the West was not made possible by the superiority of its ideas or values or religion,” Karp says within the letter, “but rather by its superiority in applying organized violence.”

Karp isn’t the one one benefiting from Trump’s plans for territorial growth and mass deportation. Shares for GEO Crew and CoreCivic, two of the country’s largest private-prison corporations, jumped after Trump used to be elected, and once more after he used to be sworn in. Whilst the Federal Bureau of Prisons has lessened its reliance on inner most penitentiary firms lately, ICE has not too long ago prolonged contracts with each firms.

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“This is, to us, an unprecedented opportunity to assist the federal government and the incoming Trump administration towards achieving a much more aggressive immigration policy,” GEO Crew founder George Zoley stated on a November profits name.

CoreCivic advised Mom Jones the corporate “does not enforce immigration laws, arrest anyone who may be in violation of immigration laws, or have any say whatsoever in an individual’s deportation or release.”

Since preliminary bumps in inventory costs, as Axios reported, there was some fluctuation—partially as a result of Trump has talked up outsourcing incarceration. The president has mentioned plans to make use of Guantanamo Bay and jails in El Salvador to accommodate deportees, together with Americans.

Line graph showing an upward trend in profits for the company Geo Group from January 2024  through January 2025. There is a steep increase after Donald Trump's mass deportation orders in January 2025.Google Finance

Line graph showing an upward trend in profits for the company Corecivic from January 2024  through January 2025. There is a steep increase after Donald Trump's mass deportation orders in January 2025.Google Finance

Elon Musk’s DOGE additionally is also growing enrichment alternatives for individuals who earn cash from serving to the United States deport immigrants. Karp stated Musk’s slash-and-burn effort to reshape the government can be “very good” for his corporate, which generates about two-thirds of its US income from executive contracts, in keeping with the Monetary Occasions.

 “I think DOGE is going to bring meritocracy and transparency to government, and that’s exactly what our commercial business is,” stated Palantir CTO Shyam Sankar. 

“There’s a revolution. Some people get their heads cut off,” Karp stated. “We’re expecting to see really unexpected things, and to win.” 

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