Knowledge analytics agency Palantir on Tuesday (native time) introduced that it’s shifting its headquarters from Denver, Colorado, to Miami, Florida, in response to a submit on X.
Why is Palantir relocating?
The event comes at a time when extra tech companies are shifting their bases to Florida as the town’s civic management tries to show it into the subsequent Silicon Valley, Bloomberg reported.
Whereas Palantir didn’t state the precise purpose for relocating its headquarters to Florida, a CNBC report means that Florida affords many advantages, together with a beneficial tax setting. The town has welcomed a wave of billionaires in recent times. Moreover, the area is attracting extra executives as California deliberates a 5% wealth tax on residents with wealth exceeding $1 billion.
Billionaires, firms transfer out to Florida
Meta’s Chief Government Officer (CEO) Mark Zuckerberg has reportedly purchased a mansion in Florida, and Palantir’s co-founder Peter Thiel has established a base in Miami and has been increasing in New York Metropolis.
Another tech firms which might be increasing hubs within the area embody ServiceNow, which introduced in September 2025 that it could add extra workplace area in West Palm Seaside. Citadel, a hedge-fund firm led by Ken Griffin, can be primarily based in Miami.
About Palantir
Based in Palo Alto, California, in 2003, Palantir Applied sciences moved to Denver in 2020, and its CEO, Alex Karp, has beforehand mentioned the tradition in Silicon Valley. In a letter despatched to buyers in 2020, Karp justified his firm’s determination to proceed working with authorities companies. “Our firm was based in Silicon Valley,” he wrote within the letter. “However we appear to share fewer and fewer of the expertise sector’s values and commitments.”
In 2025, the corporate mentioned that it employs 4,429 full-time employees, with important workplaces in Palo Alto, New York Metropolis, Washington, D.C., and London. Moreover, it additionally leases area in Europe, Asia, and the Center East, in response to its web site.
In keeping with a Guardian report, the info analytics agency’s Denver workplace has typically been the location of protest, after it confronted criticism for its involvement within the US President Donald Trump’s administration’s efforts to deport migrants. The report additional states that a number of instruments and platforms that have been constructed by Palantir have been utilized by the federal authorities in efforts to conduct surveillance and detain immigrants.
Palantir’s exit from Denver
In keeping with immigration and tech activists in Colorado, the corporate’s exit is a results of their sustained organising. Juan Sebastian Pinto, a former Palantir worker and organiser for AI regulation in Denver, mentioned {that a} coalition of organisations and unions has mounted strain on the corporate’s presence within the metropolis. He additional mentioned, “Colorado has rejected the values of Palantir – the values of an financial system constructed on exploitation of individuals’s knowledge, whether or not it’s for warfare or for immigration enforcement.”
In latest months, the info analytics agency has tried to distance itself from the Trump administration’s immigration equipment, however the protests have continued.