Thanks to a combination of growth and fervor, Palantir’s share price has shot up more than 50% since election night. That jump coincided with Palantir’s strong quarterly earnings report, in which it reported a 40% increase in revenue from U.S. government customers and a new government contract drove the company’s quarterly revenue to an all-time high of $726 million. Palantir’s stock price surge has made Joe Lonsdale and his cofounder Stephen Cohen, both 42, new billionaires. Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.