Peter Thiel most definitely wants a form of kingship though he professes to be a libertarian

I believe it means libertarian in the context of present systems. In their new system, they no longer need to be libertarian. Just absolute ruler. King is even the wrong term.

Dictator

I didn't realize. I guess libertarians have morphed into something new.

Can't believe they would be publicly calling for a monarchy, and still call themselves libertarian.

It's not the first time they've hijacked the term. It's a smokescreen because they're aware of how unpalatable their beliefs actually are.