12/12/2018
Palantir
The elusive data-mining company backed by Peter Thiel is the latest tech giant to consider an IPO for late 2019, CNBC has learned.
Palantir is currently in talks with Morgan Stanley. The Wall Street Journal reported Thursday that the company is also talking to Credit Suisse. Palantir's last funding round in 2015 left it with a reported $20 billion valuation, but the IPO could value the company at up to $41 billion.
Palantir expects to take in $750 million in revenue this year. The secretive company is known for providing data tools to companies and governments, and its technology may have been used to help the U.S. government track down Osama Bin Laden, according to Bloomberg.