Karp believes Big Tech needs to refocus on military and national-security work, once at the heart of Silicon Valley’s origins.

Alex Karp said if he were fired from Palantir, he'd move to his "hermit-like location" and focus on his hobbies.

Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold nearly $2 billion worth of company shares last year, with the bulk of sales taking place in a single month around the presidential election.