Palantir is moving its headquarters to Miami from Colorado in a major business move
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Another big tech company is on its way to the Magic City.
Leading AI innovator Palantir announced in a brief post on Tuesday that the company has moved its headquarters from Denver, Colorado, to Miami, Florida.
According to Palantir’s most recent SEC filings, the executive office is now located at 19505 Biscayne Boulevard, Suite 2350 in Aventura, Florida – an affluent area about 20 miles north of downtown Miami.
This marks the AI company’s second major move in six years after Palantir left Palo Alto for Denver in 2020. CEO Alex Karp has previously cited a conflict between Silicon Valley “values” and the company’s mission.
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Palantir did not immediately respond to Fox News Digital’s request for comment.
Technology company Palantir has announced that it has moved its headquarters from Denver to Miami, six years after leaving Silicon Valley. (Getty Images)
The brand now joins the capital’s biggest move to Florida, following Peter Thiel and Jeff Bezos’ move to Miami and Ken Griffin’s move to Citadel. Recently, billionaires like Google’s Larry Page and Sergey Brin, Mark Zuckerberg of Meta and others who have not been named fled California to Florida because of the proposed wealth tax.
Palantir is currently valued at more than $300 billion, making it the largest publicly traded company headquartered in South Florida, surpassing NextEra Energy. The company reported revenue of $1.6 billion on revenue of $4.5 billion by 2025, more than double the previous year’s figure. Revenue projections for 2026 remain at around $7.2 billion.
As of late 2025, the company had approximately 4,429 full-time employees worldwide, with approximately 600 working in the Denver office. Palantir has not publicly specified how many employees may move to Florida.
During a news conference Tuesday, Colorado Governor Jared Polis said he had no advance notice of Palantir’s departure and learned about it on social media.
Florida’s Council of 100 and local leaders hailed the move as a “watershed moment” that affirms Florida as a hub for national security and AI innovation.
“Palantir’s decision to move its headquarters to Florida’s Gold Coast is a strong testament to where growth is happening in America,” said Florida President and CEO of 100 Michael Simas in a statement sent to X.
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“Florida is building the platform for the next generation of high-income industries, and with Ambition Accelerated, we are bringing together leadership and capital to accelerate that future,” Simas continued.
Earlier this month, the Council – with the support of Citadel founder Ken Griffin and Related Companies founder Stephen Ross – announced the “Ambition Accelerated” plan, which will include advertising and branding aimed at encouraging decision makers to build or move to South Florida, from West Palm Beach and Fort Lauderdale to Miami.
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This campaign aims to reach business managers through national advertising and direct comparison messages in similar hubs New York, Chicago, California cities and the greater Northeast. According to the Florida Council, some of the ads may ask questions like, “What if you could rate in a high GDP growth metro?” or “What if your business could reduce service costs by 30%?”
Florida is widely known for having no state income tax, but the Council also points out that the state has the second lowest per capita business regulation in the US – and remains at or above the national level for GDP growth, new business formation, talent attraction and higher education programs.
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