Palantir co-founder Joe Lonsdale said he is “really excited to invest in Iran” during an appearance on CNBC’s “Squawk Box.”

“The reality here that people, if you want to understand Iran versus other places, is the people of Iran. The Persian people, the Kurds, the others there, they’re much more natural allies of the Jews; of USA; of the West,” Lonsdale said.

“This was a very modern country before it was conquered by these theocrats,” he continued.

Lonsdale said the situation in Iran is much different than Iraq.

“I work with a lot of amazing Persian people. I’m really excited to invest in Iran if we can get this country to be some sort of republic and not run by crazy people,” he said.

“It’s a lot easier than doing that in Afghanistan or somewhere else,” he added.

Lonsdale was asked if he thought the goal in Iran was regime change or simply eliminating the nuclear threat.

“It’s very clear that this administration says it’s about eliminating the nuclear threat. That’s their goal. I respect that. When we attacked Iraq 20 years ago, even then I thought it was a mistake versus going after Iran,” Lonsdale answered.

“Iran’s clearly a really evil regime. So, I’ve been against the Iranian regime. I’ve been for freeing Iran for a long time,” he added.

WATCH:

The Israel-Iran conflict has significantly increased Palantir’s stock.

Per Yahoo Finance:

Palantir Technologies (PLTR, Financials) is up 85% year to date as rising Middle East tensions spotlight its expanding role in defense intelligence. The software firm’s battlefield decision-making tools and government contracts are drawing investor interest, with analysts debating whether the rally still has legs.

The recent conflict between Israel and Iran has intensified demand for AI-driven military solutions; Palantir is already a known partner of Israel’s defense ministry and a key U.S. government contractor. In Q1 2025, the company reported 39% revenue growth, led by a 55% jump in U.S. sales. Its commercial U.S. business also crossed a $1 billion run rate for the first time.

Still, Palantir’s valuation is a sticking point; its forward price-to-earnings ratio stands at 240ten times the sector median. While Loop Capital raised its target from $130 to $155, calling the company a software leader in enterprise AI, Citi warned of overvaluation and pointed to uncertainty around major defense deals.

Lonsdale responded to Trump’s announcement about the air strikes against Iran’s nuclear facilities with a salute and American flag emojis.

Lonsdale also posted a response comparing President Trump and Obama’s Iran policy.

Watch the full interview:



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