Palantir Retail Chatter Climbs As Traders Weigh Impact Of Trump's $175B 'Golden Dome' Defense Shield

President Donald Trump’s late Tuesday announcement about the “Golden Dome Missile Defense Shield” set tongues wagging about its implications for artificial intelligence (AI)- powered data analytics company Palantir Technologies (PLTR).

At an Oval Office press conference, Trump detailed plans to build the shield, and Defense Secretary Pete Hegseth was also in attendance. 

The president said during his election campaign, he had promised to build a “cutting-edge missile defense shield to protect our homeland from the threat of foreign missile attack, and that's what we're doing today.”

He also said his administration has officially selected an architecture for the state-of-the-art system and hopes to deploy next-generation technologies across the land, sea, and space.

“The Golden Dome will integrate with our existing defense capabilities and should be fully operational before the end of my term,” Trump said.

Delving into its capabilities, the president said it can intercept missiles even if launched from other sides of the world or space. He claimed that the technology was “far advanced” than what Israel has now, capable of knocking off hypersonic missiles, ballistic missiles, and advanced cruise missiles.

Trump estimated the cost of building the shield at $175 billion. General Michael Guetlein, Vice Chief of Space Operations of the United States Space Force, would lead the effort.

“Everything's going to be made in the USA, by the way, very importantly. So it has been something that I've been looking forward to for a long time,” he added.

Sen. Kevin Cramer (R-N.D.), who also attended the briefings, said, “The new autonomous space-age defense ecosystem is more about Silicon Valley than it is about big metal.”

“So, what's exciting about this is it makes it available to everybody to participate, compete — big companies, mid-size companies, small companies.”

The prospect of Palantir, which has a strong presence in the U.S. government market, getting a piece of the pie generated excitement among retail traders.

A retail watcher speculated Palantir would lead the “Golden Dome” initiative, reasoning that the company has already been chosen to lead the TITAN project, which otherwise would have gone to legacy defense companies like Lockheed Martin (LMT).

They said, “Palantir will get to lead this project while Lockheed Martin and such will get their part in building the physical devices.”

Another calculated that if Palantir gets even 3% of Trump's proposed budget, "it is just over $5 BILLION in new revenue."

 However, some were skeptical. A user said the “Golden Dome” impact on Palantir is literally nothing. They felt only Raytheon (RTX) and Lockheed would benefit.

Palantir was among the top 20 active equity tickers on Stocktwits early on Wednesday.

Palantir stock was down 0.37% at $125.13 in Wednesday’s early premarket session, although it is up about 66% this year.

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