Another significant innovation business is making its method to the Magic City.
Leading AI innovator Palantir revealed in a short post on X Tuesday that the business has actually moved its head office from Denver, Colorado, to Miami, Florida.
According to Palantir’s newest SEC filings, the primary executive workplace is now situated at 19505 Biscayne Boulevard, Suite 2350 in Aventura, Florida– a wealthy location simply 20 miles north of downtown Miami.
This marks the AI business’s 2nd significant relocation in 6 years after Palantir left Palo Alto for Denver in 2020. CEO Alex Karp formerly mentioned a clash in between Silicon Valley’s “worths” and the business’s objective.
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Palantir did not right away react to Fox News Digital’s ask for remark.
The brand name now signs up with a huge migration of capital to Florida, following Peter Thiel’s and Jeff Bezos’ individual relocate to Miami and Ken Griffin’s moving of Castle. More just recently, billionaires like Google’s Larry Page and Sergey Brin, Meta’s Mark Zuckerberg and unnamed others are getting away California for Florida over a proposed wealth tax.
Palantir is presently valued at more than $300 billion, making it the biggest openly traded business headquartered in South Florida, exceeding NextEra Energy. The business reported an earnings of $1.6 billion on $4.5 billion in profits for 2025, more than doubling figures from the previous year. Forecasts for 2026 profits sit at almost $7.2 billion.
Since late 2025, the business had actually an approximated 4,429 full-time staff members worldwide, with about 600 operating at the Denver workplace. Palantir did not openly define the number of staff members might likewise move to Florida.
Throughout a press conference on Tuesday, Colorado Gov. Jared Polis specified that he got no advance notification of Palantir’s relocation and discovered it by means of social networks.
The Florida Council of 100 and regional leaders have actually hailed the relocation as a “watershed minute” that verifies Florida as a center for nationwide security and AI development.
” Palantir’s choice to move its head office to Florida’s Gold Coast is an effective recognition of where development is taking place in America,” Florida Council of 100 President and CEO Michael Simas stated in a declaration published on X.
” Florida is constructing the platform for the next generation of high-wage markets, and through Aspiration Accelerated, we are lining up management and capital to speed up that future,” Simas continued.
Previously this month, the Council– with the support of Castle creator Ken Griffin and Related Business creator Stephen Ross– revealed the “Aspiration Accelerated” effort, which will include marketing and branding targeted at motivating decision-makers to develop or move to South Florida, from West Palm Beach and Fort Lauderdale to Miami.
The project intends to reach organization executives through nationwide marketing and direct-comparison messaging in centers like New York City, Chicago, California cities and the higher Northeast. According to the Florida Council, a few of the advertisements might position concerns like, “What if you could scale in the leading city for GDP development?” or “What if your organization could cut energy expenses by 30%?”
Florida is extensively understood for having no state earnings tax, however the Council likewise explains that the state has actually ended up being the second-lowest for organization policy per capita in the U.S.– and regularly ranks high or on top nationally for GDP development, brand-new organization developments, skill tourist attraction and college systems.
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