--- title: "Dan Loeb Calls Selling Palantir In The $20s A 'Huge Mistake:' 'I Missed A 10X'" type: "News" locale: "en" url: "https://longbridge.com/en/news/289560005.md" description: "Billionaire investor Dan Loeb admitted that selling his Palantir stake in the $20 range was a 'huge mistake,' causing Third Point to miss a post-IPO rally of up to 10x. He discussed the challenges of letting winners ride and navigating public market liquidity constraints, noting how tech valuation ceilings have shifted significantly." datetime: "2026-06-12T06:29:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289560005.md) - [en](https://longbridge.com/en/news/289560005.md) - [zh-HK](https://longbridge.com/zh-HK/news/289560005.md) --- # Dan Loeb Calls Selling Palantir In The $20s A 'Huge Mistake:' 'I Missed A 10X' Billionaire investor **Dan Loeb** recently admitted to one of his most painful portfolio missteps: exiting **Palantir Technologies Inc.** (NASDAQ:PLTR) far too early. By selling his firm’s private stake in the $20 range, Loeb missed out on a monstrous post-IPO rally, serving as a stark reminder of the challenges in letting “winners ride.” ## **The Pain Of Selling Too Early** Speaking on a recent episode of the All-In Podcast, the **Third Point** CEO opened up about the agonizing decisions surrounding when to hold high-growth technology companies. When the conversation shifted to managing the transition from private to public markets, Loeb was remarkably candid about his regrets regarding the data analytics giant Palantir. “It’s one of the most vexing questions,” Loeb confessed. “We were private investors in Palantir, and I think we sold all our stock in the 20s. Huge mistake.” He noted the massive opportunity cost of the premature exit. “Gosh, I missed a 10x after going public,” he lamented, adding that the stock went “up 8x or something.” **Read Also: Michael Burry's NVDA, PLTR Shorts Are Paying Off—And More Trouble May Be Coming For AI Stocks** ## **The Liquidity Trap** Loeb's reflections on Palantir bled into a broader discussion about the constraints of public market liquidity. He highlighted his firm’s investment in Upstart—where Third Point led the Series B round—as a cautionary tale about how corporate governance restricts trading agility. “That was one I think we learned not to go on boards anymore because it restricts your ability to be liquid,” Loeb explained. ## **Unprecedented Tech Valuations** The Third Point founder also touched on how the ceiling for tech valuations has shifted, making it harder to predict when a stock has peaked. Reflecting on earlier venture investments, he referenced **Meta Platforms Inc.** (NASDAQ:META), noting how a $50 billion IPO valuation once seemed like the absolute limit for any company. Today, with multi-trillion-dollar market caps becoming the new normal for tech behemoths, Loeb admits navigating distributions remains a formidable challenge. “I am not claiming to have any great expertise in knowing how to best distribute,” he concluded. ## **How Has PLTR Performed In 2026?** Shares of PLTR have fallen by 26.26% year-to-date. It closed 0.67% higher at $131.08 per share on Thursday, and was 0.62% higher in overnight trading. Over the last month, PLTR stock was down 4.24%, and it fell 30.11% over the last six months; the stock 3.89% lower over the year. **Benzinga’s Edge Stock Rankings** indicate that PLTR maintains a weak price trend in the long, medium and short terms, with a poor value score. **Read Also: Palantir Co-Founder Picks SpaceX And Anthropic Over OpenAI In AI Race** **_Disclaimer:_** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ _Photo courtesy: Michael Vi via Shutterstock_ ### Related Stocks - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [PTIR.US](https://longbridge.com/en/quote/PTIR.US.md) - [PLTW.US](https://longbridge.com/en/quote/PLTW.US.md) - [PLTZ.US](https://longbridge.com/en/quote/PLTZ.US.md) - [PLT.US](https://longbridge.com/en/quote/PLT.US.md) - [PLTU.US](https://longbridge.com/en/quote/PLTU.US.md) - [PLTD.US](https://longbridge.com/en/quote/PLTD.US.md) - [PLTG.US](https://longbridge.com/en/quote/PLTG.US.md) - [PLOO.US](https://longbridge.com/en/quote/PLOO.US.md) - [PLTA.US](https://longbridge.com/en/quote/PLTA.US.md) - [PLTY.US](https://longbridge.com/en/quote/PLTY.US.md) - [PLYY.US](https://longbridge.com/en/quote/PLYY.US.md) - [UPST.US](https://longbridge.com/en/quote/UPST.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Palantir CEO Says Companies Are Tired of AI Labs "Tokenmaxxing"](https://longbridge.com/en/news/289364797.md) - [Palantir's Karp says businesses are 'unhappy' with the frontier AI labs](https://longbridge.com/en/news/289347767.md) - [Palantir cofounder says CEOs are pretending layoffs are about 'AI productivity' when they're not](https://longbridge.com/en/news/289220605.md) - [Nuveen LLC Cuts Stake in Palantir Technologies Inc. $PLTR](https://longbridge.com/en/news/289573771.md) - [Palantir Technologies Inc. $PLTR Shares Purchased by Los Angeles Capital Management LLC](https://longbridge.com/en/news/288956471.md)