Palantir said to be preparing possible IPO before year's end

Palantir said to be preparing possible IPO before year's end

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Big Data analytics unicorn Palantir Technologies Inc. may finally be ready to go public. The Palo Alto company that was launched founded by PayPal executives nearly 17 years ago plans to file for an offering in the coming weeks and could start trading as early as the fall, Bloomberg reported, citing unnamed sources. The news comes two weeks after CEO Alex Karp said in an "Axios on HBO" interview that an IPO could come within a year. He said the company took so long because it wanted to build confidence…

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