Palantir is being valued around $10.5 billion ahead of direct listing as investors question growth story

Alexander Karp, CEO of Palantir Technologies Inc. Getty Images As Palantir gears up for its stock market debut, the company has a long way to go to convince potential shareholders that it’s worth the $20 billion price tag that investors gave it almost five years ago. Palantir held a virtual event for investors on Wednesday.