BizNews Edge: A 29% overnight jump, and CEO Alex Karp says Palantir is only getting started

Alex Karp just proved that conviction moves markets. Palantir's overnight 29% jump has Wall Street rethinking what it thought it knew about the company, and Karp isn't shy about telling you why. Elon Musk lays out exactly how far ahead SpaceX and Starlink already are, and how much further they're going, while South Africa keeps arguing with itself about letting Starlink in at all. Add a fresh Johannesburg poll that's bad news for the ANC, a Sasol result the market punished despite strong numbers, and Glencore handing billions back to shareholders, and you've got a day where markets and voters were settling the same argument.