Palantir, Peter Thiel's Tech Firm, Announces Miami Headquarters Move

The data analytics company is leaving Denver for South Florida, joining other tech billionaires relocating to the region.

Published on Feb. 20, 2026

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Palantir Technologies Inc., a tech firm that develops data analysis and surveillance software, has announced it is moving its headquarters from Denver to Miami. The company, co-founded by billionaires Peter Thiel and Alex Karp, has a controversial relationship with the U.S. Immigration and Customs Enforcement (ICE) agency. Palantir's move comes as other high-profile tech leaders and billionaires, such as Mark Zuckerberg and the Google co-founders, have also purchased homes in South Florida.

Why it matters

Palantir's relocation to Miami is the latest sign that the city is becoming an attractive destination for tech companies and wealthy individuals, particularly those seeking a more business-friendly environment than California. The move also highlights the growing influence of tech billionaires in shaping the political and economic landscape of South Florida.

The details

Palantir, which develops data analysis and surveillance technologies used in defense and immigration enforcement, announced the headquarters move in a post on X (formerly Twitter). The company previously relocated from Palo Alto, California, to Denver in 2020. Palantir's new executive offices will be located in Aventura, according to the company's annual report.

  • Palantir moved from Palo Alto, California, to Denver in 2020.
  • Palantir announced the move to Miami on February 18, 2026.

The players

Palantir Technologies Inc.

A tech firm that develops data analysis and surveillance software, used in fields including defense and immigration enforcement.

Peter Thiel

A co-founder of Palantir and the company's chairman. Thiel is also a co-founder of PayPal and the venture capital firm Founder's Fund.

Alex Karp

The chief executive officer of Palantir.

Mark Zuckerberg

The co-founder and former CEO of Facebook, who has purchased a home in Indian Creek Village, Miami.

Larry Page and Sergey Brin

The co-founders of Google, who have also bought homes in South Florida in recent months.

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What they’re saying

“Welcome to Miami, Palantir! More and more companies are betting on our city to grow and project themselves to the world. Here they find a pro-business environment, low taxes, clear rules, and a unique connection with Latin America and global markets.”

— María Elvira Salazar, Miami-area congressional representative (Social media)

What’s next

Palantir has not provided details on when the company's new Miami headquarters will officially open or how many employees will be based there.

The takeaway

Palantir's decision to move its headquarters to Miami is the latest sign that the city is becoming an attractive destination for tech companies and wealthy individuals seeking a more business-friendly environment. This trend highlights the growing influence of tech billionaires in shaping the economic and political landscape of South Florida.