Palantir leaves Denver and moves headquarters to Miami, Florida

Palantir leaves Denver and moves headquarters to Miami, Florida

Palantir announced Tuesday it has moved its headquarters from Denver to Miami – becoming a member of a slew of tech companies fleeing to South Florida as a rising variety of trade leaders deem it the new Silicon Valley.

Tech giants have been more and more flocking to Florida from enterprise hubs like New York and California in pursuit of decrease taxes, heat climate and safer neighborhoods. 

“We have moved our headquarters to Miami, Florida,” Palantir wrote in a transient submit on X Tuesday morning.

Tech giants have been more and more flocking to Florida from enterprise hubs like New York and California. be free – inventory.adobe.com

The company didn’t share its causes for the transfer.

Palantir was present in Palo Alto, Calif., in 2003 and moved to Denver in 2020, CNBC famous, with CEO Alex Karp rising as a distinguished critic of Sillicon Valley’s tradition.

Former Miami Mayor Francis Suarez, who has lengthy pushed for tech expertise to transfer to Florida, cheered the “watershed moment for Miami.”

“This is the tipping point!” he wrote on X, utilizing quite a few exclamation factors.

The Post has sought remark from Palantir.

Citadel’s Ken Griffin and real property magnate Stephen Ross – some of the highest-profile billionaires to transfer to South Florida during the pandemic – just lately launched a $10 million campaign to encourage enterprise leaders to transfer to the Sunshine State, The Post reported.

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

The campaign targets CEOs and buyers with national advertisements and direct outreach, in addition to a devoted concierge program that can assist executives relocate operations and navigate state rules.

Apple has already expanded its presence in South Florida with a new Miami campus, while software company ServiceNow has dedicated to opening an workplace in West Palm Beach.

Amazon earlier this yr signed an enormous workplace lease in Miami’s Wynwood neighborhood.

Palantir announced Tuesday it has moved its headquarters to Miami. Getty Images

Billionaire Peter Thiel – Palantir’s chairman and co-founder – has ramped up his investments in South Florida, opening a new Miami workplace for his funding agency Thiel Capital late last yr.

His enterprise capital agency Founders Fund opened a Florida workplace in 2021, close to his Miami Beach mansion, and the businessman has even switched his voter registration to Florida. 

Citadel’s Griffin – who lived in Chicago for almost three a long time – was considered one of the most outspoken enterprise leaders to vouch for Miami after his 2022 transfer.

“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,” Griffin beforehand told Fox News.

“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.”

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