Palantir Relocates Headquarters from Denver to Miami

Software analytics firm is latest major business to move to South Florida as region aims to become innovation hub.

Published on Feb. 18, 2026

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Palantir, the software analytics company, has announced it is relocating its headquarters from Denver, Colorado to Miami, Florida. The move is part of a broader trend of major businesses and executives migrating to South Florida, which offers a more favorable tax environment compared to other regions like California.

Why it matters

Palantir's relocation to Miami is the latest sign that the region is actively working to transform itself into a hub for innovation and attract more tech companies and high-profile executives. This shift could have significant economic implications for South Florida as it seeks to diversify its economy beyond tourism.

The details

Palantir, which was founded in Palo Alto, California in 2003, had previously moved its headquarters to Denver in 2020. However, the company has now decided to relocate to Miami, joining other major firms like Meta Platforms and Citadel that have established a presence in the region. Florida's favorable tax environment, including the absence of a state income tax, has been a key factor driving this migration of businesses and wealthy individuals.

  • Palantir announced the headquarters move on February 17, 2026.
  • The company had previously relocated to Denver from California in 2020.

The players

Palantir

A software analytics firm that was founded in Palo Alto, California in 2003.

Alex Karp

The CEO of Palantir, who has previously spoken out about the culture in Silicon Valley.

Mark Zuckerberg

The CEO of Meta Platforms, who has reportedly bought a mansion in Florida.

Peter Thiel

The co-founder of Palantir, who has established a base in Miami.

Ken Griffin

The founder and CEO of the hedge fund Citadel, which is also based in Miami.

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What they’re saying

“Our company was founded in Silicon Valley, but we seem to share fewer and fewer of the technology sector's values and commitments.”

— Alex Karp, CEO of Palantir (Palantir investor letter (2020)

What’s next

Palantir is expected to begin the process of relocating its headquarters and operations to Miami in the coming months.

The takeaway

Palantir's decision to move its headquarters from Denver to Miami is the latest example of a major tech company choosing to establish a presence in South Florida, as the region seeks to position itself as a hub for innovation and attract more high-profile businesses and executives.