Records cited by multiple outlets show that former President Donald Trump buys shares of Palantir Technologies in the first quarter and later publicly promotes the company. CNBC reports that Trump purchases Palantir stock valued roughly between $630,000 and $247,008 during the first three months of the year, and that he sells at least $1.1 million in shares. Mediaite adds that the reported purchases total up to about $530,000 in Palantir shares in Q1, and notes Trump also publicly hyped Palantir during the same week the company’s share price declines amid developments related to the Iran war.
The outlets describe a sequence in which Trump acquires Palantir stock and then subsequently posts or promotes the firm on Truth Social, using a timeframe that overlaps with market moves. The reporting is based on financial records and published trading activity for the period, alongside references to the timing of Palantir’s share-price drop and the public promotion.
