Palantir relocates HQ to Miami as Florida tech migration accelerates

Palantir moved its headquarters from Denver to Miami, joining a wave of tech firms relocating to Florida for a business-friendly climate. The move follows Peter Thiel’s expansion in Miami and comes amid ongoing backlash over Palantir’s role in immigration enforcement and surveillance. Despite 66% year‑over‑year growth in government‑contract revenue to $570 million in Q4 2025, the stock has fallen about 20% since the start of 2026, and the company continues to face protests and political scrutiny alongside broader Florida fiscal‑policy incentives for tech wealth.