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Palantir spent $17.2 million flying its CEO Alex Karp around in 2025. It’s part of a private-jet boom sweeping the C-suite

Sam Klebanov· ·1 min read · 0 reactions · 0 comments · 3 views
#palantir#spent#million#flying#alex
Palantir spent $17.2 million flying its CEO Alex Karp around in 2025. It’s part of a private-jet boom sweeping the C-suite
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You’ll probably never hear a plane-with-only-two-parachutes joke featuring a crying baby, a chatty grandma, and the CEO of a Fortune 500 company. That’s because the besuited bunch is increasingly flying private—even as employers cut back on other lavish benefits for top executives.Recommended Video The majority of Fortune 500 CEOs are now flying private on the company dime, according to the executive data firm Equilar. And data shows that company-provided private jet spending soared 19% between 2021 and 2024.

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Original publisherFortune
Canonical URLhttps://fortune.com/2026/07/27/how-much-did-palantir-meta-spend-on-private-jets-for-ceo/
Publication timeMon, 27 Jul 2026 19:55:43 +0000
Retrieval time2026-07-27T20:18:59.062Z
Last seen2026-07-27T20:18:59.062Z
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ClusterS-ri1vsBBem7 · 1 stories
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

You’ll probably never hear a plane-with-only-two-parachutes joke featuring a crying baby, a chatty grandma, and the CEO of a Fortune 500 company. That’s because the besuited bunch is increasingly flying private—even as employers cut back on other lavish benefits for top executives.Recommended Video The majority of Fortune 500 CEOs are now flying private on the company dime, according to the executive data firm Equilar. And data shows that company-provided private jet spending soared 19% between 2021 and 2024. Sky-high spending Corporate jet expenses at some blue-chip firms continued gaining altitude last year: Palantir shelled out $17.2 million to whisk its CEO, Alex Karp, around the world for work and personal travel in 2025, far more than the $7.7 million it spent the year before.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.

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