Palantir Moves Headquarters to Miami, Joining Tech Exodus to Florida

Tech giants flee business hubs like New York and California for lower taxes, warmer climate, and safer neighborhoods in the Sunshine State.

Published on Feb. 19, 2026

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Palantir, the data analytics company, has announced that it is moving its headquarters from Denver to Miami, Florida. This move is part of a growing trend of tech companies fleeing traditional business hubs like New York and California for the perceived benefits of South Florida, including lower taxes, warmer weather, and safer neighborhoods.

Why it matters

Palantir's relocation to Miami is a significant milestone in the ongoing tech exodus to Florida, which has been attracting an increasing number of industry leaders and high-profile billionaires. This trend highlights the appeal of Florida's business-friendly environment and quality of life factors, which are luring companies and talent away from established tech centers.

The details

Palantir, which was founded in Palo Alto, California in 2003 and moved to Denver in 2020, did not provide specific reasons for the headquarters move to Miami. However, the company's decision comes as tech giants like Citadel, Founders Fund, and Amazon have all expanded their presence in South Florida, attracted by the state's lower taxes, warmer climate, and perceived safer neighborhoods compared to other major business hubs.

  • Palantir announced the headquarters move to Miami on February 17, 2026.
  • The company previously moved its headquarters from Palo Alto, California to Denver in 2020.

The players

Palantir

An American data analytics company that was founded in 2003 and has now moved its headquarters from Denver to Miami.

Alex Karp

The CEO of Palantir, who has emerged as a prominent critic of Silicon Valley's culture.

Francis Suarez

The former mayor of Miami, who has long pushed for tech talent to move to Florida.

Ken Griffin

The billionaire founder of Citadel, who moved from Chicago to Miami during the pandemic and has been an outspoken advocate for the city.

Stephen Ross

A real estate magnate who has also relocated to South Florida and launched a $10 million campaign to encourage business leaders to move to the Sunshine State.

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What they’re saying

“This is the tipping point!”

— Francis Suarez, Former Miami Mayor (X)

“The only place a CEO or founder can scale from 10 employees to 10,000 will be in South Florida. While other cities are still special, they no longer support building business and supporting ambition like you can find here.”

— Stephen Ross, Real Estate Magnate (The Post)

“I've lived in a failed city-state. I lived in Chicago for 30-some years. I had two colleagues who had bullets fly through their cars. I had 25 bullet holes in the front of my building where I lived. You can't live in a city awash [with] violent crime.”

— Ken Griffin (Fox News)

What’s next

Palantir has not announced any specific next steps related to its headquarters move to Miami, but the company's relocation is expected to further fuel the ongoing tech exodus to Florida.

The takeaway

Palantir's decision to move its headquarters from Denver to Miami is a significant milestone in the growing trend of tech companies and high-profile individuals fleeing traditional business hubs for the perceived benefits of South Florida. This shift highlights the appeal of Florida's business-friendly environment, lower taxes, and quality of life factors, which are luring talent and investment away from established tech centers.