Palantir Technologies stock surged more than 5% after Barclays analyst Anthony Valentini initiated coverage with an overweight rating and $265 price target. Valentini believes the U.S. is entering a new industrial revolution in defense and aerospace, sectors where Palantir provides AI-enhanced data analytics services to both public and private clients.
SpaceX used bystander videos from cruise ships and resorts to track debris from Starship's seventh test flight explosion over the Caribbean last year. The FAA required SpaceX to file reports on the mishap, but heavily redacted them citing proprietary information, preventing public verification of debris location estimates and safety margin adequacy.