George Soros and Dan Loeb buys in on Palantir

George Soros

George Soros and Dan Loeb have both disclosed that they have thrown some millions into Palantir.

George Soros who is a renown billionaire investor, runs the Soros Funds Management, while Dan Loeb founded the Third Point firm back in 1995.

The recent statement showed that Soros Funds Management acquired 18.5 million shares which is said to be worth about $175.3 million, while Third Point went for 2.4 million shares.

The controversial and secretive big data firm Palantir went public just recently in September through a direct listing of existing stock on the New York Stock Exchange.

Billionaire entrepreneur and venture capitalist Peter Thiel who was the co-founder of PayPal is also behind the Palantir Technologies.

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