Palantir Stock Falls 5% After Cathie Wood Offloads $6 million Palantir Shares
Palantir stock fell 5%. On Tuesday, the ARKW ETF offloaded 45,690 shares of Palantir Technologies Inc. through the ARK Innovation ETF, with a value of about $6 million.
Palantir, long criticized for its role in powering ICE (Immigration and Customs Enforcement) raids and predictive policing, is now poised to become the brain of Trump’s surveillance regime.
Under the guise of “data integration” and “public safety,” this public-private partnership would deploy AI-enhanced systems to comb through everything from facial recognition feeds and license plate readers to social media posts and cellphone metadata—cross-referencing it all to assess a person’s risk to the state.
This isn’t speculative. It’s already happening.
Palantir’s Gotham platform, used by law enforcement and military agencies, has long been the backbone of real-time tracking and predictive analysis. Now, with Trump’s backing, it threatens to become the central nervous system of a digitally enforced authoritarianism.
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