Palantir moves headquarters to Miami

The company joins a growing list of firms in the financial and tech sectors decamping for 'Wall Street South'

Published on Feb. 19, 2026

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Palantir (PLTR) has moved its headquarters from Denver to Miami, joining a growing list of companies in the financial and tech sectors that are relocating to the growing 'Wall Street South' region. The company announced the move in an X post on Tuesday, with shares picking up roughly 0.5% in midday trading.

Why it matters

In moving its headquarters to Miami, Palantir follows a large list of companies looking to Florida for lower taxes and a lighter business regulation scheme. This includes firms like Citadel, one of the largest hedge funds in the world, and Related Companies, the real estate investment firm. The relocation of these high-profile companies to Miami signals the city's growing prominence as a hub for the finance and technology industries.

The details

Palantir's decision to move its headquarters to Miami comes as billionaires Ken Griffin and Stephen Ross have launched a $10 million campaign aimed at convincing more corporate leaders to relocate their firms to the city. Peter Thiel, the chairman of Palantir, has also recently opened an office for his private investment firm in Miami, according to Bloomberg.

  • Palantir announced the headquarters move on Tuesday.

The players

Palantir

A software company that specializes in data analysis and has now moved its headquarters from Denver to Miami.

Ken Griffin

The billionaire founder and CEO of Citadel, one of the largest hedge funds in the world, who has launched a campaign to attract more companies to relocate to Miami.

Stephen Ross

The billionaire founder of Related Companies, a major real estate investment firm, who has also joined Griffin in the campaign to lure companies to Miami.

Peter Thiel

The chairman of Palantir who has recently opened an office for his private investment firm in Miami.

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The takeaway

Palantir's move to Miami is the latest sign of the city's growing prominence as a hub for the finance and technology industries, as high-profile companies and billionaire investors seek to take advantage of the region's lower taxes and lighter business regulations.