When I see things like this, I first ask myself "can this apparent inconsistency be explained by an underlying desire for increased power?" Helps explain a lot of hypocracy.

What’s that old saying - Keep your friends close and your enemies closer.

His number one ideology is money. As long as that keeps flowing, all is good.

Not only that but he hasn’t pulled his investment in it, has he? Doesn’t really suggest belief that the political system is about to implode.

More of an "exploit" than an "assist"

He answers this exact question in one of his interivews. Paraphrasing - he strongly believes in civil liberties and privacy, his view of Palantir is to prevent fraud (based on early Paypal fraud system), provide data analytics for human decision making in the intelligence agencies and help government monitor their own performance.

If you think about this, Google and Apple has far more granular data about citizens than Palantir. Yet, we don't think twice about it.

Maybe he has a reason we're missing. What's his argument? What's the steelman argument here?

He is just a regular do as I say hypocrite.

nothing ever died of a contradiction.