Palantir spends $17.2 million on private‑jet travel for CEO Alex Karp in 2025

Palantir Technologies paid $17.2 million to charter private‑jet flights for its chief executive Alex Karp during 2025, more than double the $7.7 million spent the prior year. The expense reflects a broader surge in company‑funded private‑jet travel among Fortune 500 executives, with overall corporate jet spending rising 19% between 2021 and 2024. Investors have noted that Karp owns the aircraft used for the charter, prompting scrutiny over potential conflicts of interest.

Industry peers show similar patterns: Meta’s Mark Zuckerberg incurred $2.4 million in private‑jet costs last year, up from $968 k in 2023, while Starbucks revised its policy after safety concerns. The expanding C‑suite jet usage fuels growth in the $80 billion‑plus private‑jet market.