Peter Thiel's Palantir to IPO within weeks, start trading before election

Donald Trump speaks as (2nd L to R) PayPal co-founder and Facebook board member Peter Thiel, Apple Inc CEO Tim Cook and Oracle CEO Safra Catz look on during a meeting with technology leaders at Trump Tower in New York U.S., December 14, 2016. REUTERS

Bloomberg News reports on Friday that the secretive big-data and surveillance technology firm Palantir is preparing to register an S-1 filing confidentially, and plans to go public in the coming weeks and start trading as early as fall 2020.

U.S. President-elect Donald Trump sits with PayPal co-founder and Facebook board member Peter Thiel, Apple Inc CEO Tim Cook, Oracle CEO Safra Catz and Tesla Chief Executive Elon Musk during a meeting with technology leaders at Trump Tower in New York U.S., December 14, 2016. REUTERS/Shannon Stapleton - RTX2V2DE

As others have pointed out, it's an interesting time for a much-criticized tech firm to go public, right before the election which decides whether we get another four years of Donald Trump, and his brand of technofascism, with which Palantir's chief executives seem very content.

Trump speaks while PayPal co-founder and Facebook board member Peter Thiel and Apple Inc CEO Tim Cook look on during a meeting with technology leaders at Trump Tower in New York U.S., December 14, 2016. REUTERS