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Palantir 's astronomical rise since its public debut on the New York Stock Exchange in a 2020 direct listing has been nothing short of a whirlwind.

Over nearly five years, the Denver -based company, whose cofounders include renowned venture capitalist Peter Thiel and current CEO Alex Karp , has surged more than 1,700%. At the same time, its valuation has broken new highs, dwarfing some of the world's technology behemoths with far greater revenues.

The artificial intelligence -powered software company continued its ascent last week after posting its first quarter with more than $1 billion in revenue, reaching new highs and soaring past a $430 billion market valuation.

Shares haven't been below $10

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