This Drone Stock Just Spiked 1,625% on Reddit After it's Palantir Deal… Folks Are Losing Their Pants

Alright, if you’ve been glued to the couch watching Hallmark Christmas movies with your wife (who definitely cried at the part where the big-city lawyer fell for the small-town baker) you might’ve missed the story. 

Drones are having their moment. And no, we’re not talking about your neighbor’s sketchy quadcopter he’s using to spy on you. We’re talking about a drone mania that’s sweeping the nation, from government playbooks in the Oval Office to stock market hype on Wall Street. The skies are officially crowded. 

Even Trump has made his mysterious remarks about drones and national security (because when does he not leave us hanging?), and then there’s Elon Musk, who’s all in on the drone game, predicting huge potential for the industry. And if you think that’s not enough excitement, Wall Street’s taking notice and throwing money at drone stocks like they’re the next Bitcoin.

At the heart of this madness is Red Cat Holdings, a drone company that’s suddenly trending on twitter. If you’ve been under a rock or just a little too distracted by the holiday hustle to find a last minute gift, here’s what’s up: Red Cat’s stock shot up 19% yesterday after they announced a deal with Palantir, the high-tech data company that’s basically the superhero of the analytics world. They’re integrating Palantir’s advanced visual navigation software into Red Cat’s drones… which sounds like something straight out of the movie Blade Runner. 

Wall Street took notice of all the hype. In fact, RCAT’s stock became a meme-stock superstar, seeing a 1,625% spike in mentions on Reddit’s WallStreetBets. It’s now sitting comfortably in the #6 spot on the popular meme-stock forum, rubbing shoulders with the likes of Tesla and Palantir. 

But don’t get it twisted, this isn’t just about a stock surge and a bunch of Reddit nerds getting excited. There’s real money to be made in drones, especially with all the mysterious drone sightings happening in the Northeast. From New Jersey to New York, people are spotting drones in the sky and asking, “What’s going on here?” While the FBI insists there’s no immediate national security threat, others think drones are about to become the next big thing. 

Congress is already sharpening its legislative pencils, cooking up a National Defense Bill that could essentially tell Chinese drone maker DJI to take a long walk off a short pier. Red Cat is positioning itself to be the Top Gun of drone technology… except instead of Tom Cruise, they've got advanced navigation software that could make NASA engineers weep with joy.

Here’s what it comes down to: With Palantir’s software, Red Cat drones are about to get way smarter. Plus, as drones become more involved in national security, law enforcement, and military operations, Red Cat’s drone technology could take the lead. 

But it’s not all smooth flying. With drones popping up near airports and national landmarks, there’s a growing concern about airspace security. Take, for instance, the recent drone sighting at Nantucket Memorial Airport… nothing like a drone scare to make you rethink your holiday travel plans, right? 

People are even calling for an air traffic control system to track drones, and experts predict that we might need some kind of drone traffic management to keep things from getting chaotic. 

So, where does that leave us?

If 2019 was the year of 5G, 2020 was all about COVID chaos, 2021 gave us crypto mania, and 2022 brought a good ol’ dose of economic depression, then 2023 was undoubtedly the year of AI. And 2024? Well, AI isn’t going anywhere—it’s just taking over your job while you look the other way.

But 2025? Call it the year of drones (maybe).

P.S. While everyone’s jumping on Reddit and losing their pants about Palantir’s new partnership.

The real action could be happening somewhere else, in a lesser-known market that’s quietly delivered countless triple-digit gains (with moves like 110.10%, 162%, 96%, and even 300%… all within 48 hours) for our Stocks.News premium members.

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Until then, keep an eye on the market and stay ready! Catch you next time…

Stock.News has positions in Palantir, Tesla, Red Cat Holdings, and Reddit mentioned in article.