[whatok]

Where are you getting "losing a quarter of their value overnight" from? The stock is still up from its initial listing price. If you're talking relative to peak private value, virtually nothing has gone public anywhere near private valuations and Palantir's public valuation is a bit more than a quarter lower. This has nothing to do with the "middle class" or "ethical options" and everything to do with public markets actually scrutinizing things vs private.