Palantir is an excellent, AMAZING name for that company. It screams "we spy on people around the world: their pasts, their present, their very thoughts. We serve corrupt powers that pretend to be pure and good. We are a tool to enable the strong to dominate the weak. The data we produce will be misinterpreted to disastrous results."

I dont know if Thiel intended to convey that, but it's exactly the same name that I would've picked for that company.