Trump Bought Palantir Stock Before Praising It on Truth Social, Ethics Records Show

President Donald Trump purchased shares of AI software company Palantir Technologies weeks before publicly endorsing the stock on his Truth Social platform, according to financial disclosure records released this week by the U.S. Office of Government Ethics.

The documents show Trump made between $247,008 and $630,000 worth of Palantir purchases during the first quarter of 2026. In March alone, he made at least seven separate purchases of the stock totaling as much as $530,000.

The following month, Trump praised Palantir on Truth Social by name and ticker symbol as shares were experiencing their worst week in more than a year, a stretch during which the software selloff accelerated amid the Iran war and famed short-seller Michael Burry had taken aim at the company.

"Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment," Trump wrote on the platform at the time. "Just ask our enemies!!!"

The OGE filings also show Trump sold as much as $5 million worth of Palantir on Feb. 10, with several additional sales of the stock made over roughly the following two weeks.

A Trump Organization spokesperson said the president's investment holdings are maintained through fully discretionary accounts managed by third-party financial institutions, with those institutions holding sole and exclusive authority over all investment decisions.

"Trades are executed and portfolios are balanced through automated investment processes and systems administered by those institutions," the spokesperson said in a statement. Trump, his family, and the Trump Organization do not play a "role in selecting, directing, or approving specific investments," the statement added. "They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind."

White House spokesman David Ingle said the president's assets are held in a trust managed by his children and that "there are no conflicts of interest." Palantir did not respond to a request for comment.

Several transactions in the OGE records were denoted as "unsolicited," indicating they were not initiated by the recommendation of a broker or financial advisor.

Palantir is among a cohort of defense technology firms that have cultivated ties with the Trump administration as the president accelerates the military's modernization push. CEO Alex Karp, a vocal proponent of U.S. military strength, has backed the new administration despite previously contributing to President Joe Biden's campaign. Last year, the company sponsored Trump's military parade held in June for the U.S. Army's 250th anniversary.

The company's tools have reportedly been used to identify targets in Iran.

Beyond Palantir, the OGE filings reveal broad first-quarter trading activity by the president across the technology sector. In February, Trump bought between $1 million and $5 million worth of AI chipmaker Nvidia. About a week after that purchase, Nvidia expanded its AI partnership with Meta Platforms.

That same month, Trump purchased between $1 million and $5 million each in ServiceNow, Workday, Oracle, and Microsoft. Records also show he bought upward of $1 million worth of Amazon, Apple, and Broadcom.

The disclosures arrive as scrutiny of presidential financial activity has intensified, with the OGE records offering an unusually detailed window into the scope and timing of transactions made during the administration's early months. Whether the sequence of purchases and public commentary draws further congressional or regulatory attention remains to be seen.

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