DENVER — Palantir Technologies, the global data-mining giant, said Tuesday that it will relocate its headquarters from Denver to Miami, joining the wave of tech firms fleeing blue states for South Florida’s friendlier business habitat.
Palantir made its announcement in a one-sentence post on X: “We have moved our headquarters to Miami, Florida.”
No additional details were given, but the decision comes with the Miami area booming as a tech hub for companies seeking a welcoming, low-tax berth – and with Denver growing increasingly hostile to the Trump-aligned intelligence-and-defense titan.
Palantir left Palo Alto, California, for Colorado in 2020, but its downtown Denver office has become a magnet for protesters decrying the firm’s contracts with U.S. Immigration and Customs Enforcement and the Israel Defense Ministry.
The company was planning to shift its headquarters a few miles south from downtown Denver to the upscale Cherry Creek region, although activists made it clear they would follow.
Two weeks ago, about 100 demonstrators gathered at a park near the Cherry Creek location chanting, “No ICE! No Palantir! The people do not want you here,” and carrying signs with messages such as, “Up with Palestine! Down with Palantir.”
In November, the Cherry Creek site suffered vandalism that included broken front windows and the spray-painted message, “Palantir out.”
While Palantir’s critics hailed the decision to relocate as a win, the departure is bound to sting economically.
Palantir is the largest publicly held firm in Colorado with a market cap of $317 billion and more than 4,000 employees worldwide, although fewer than 200 of those are believed to be located in Denver.
Shelby Wieman, a spokesperson for Colorado Gov. Jared Polis, said the office had no additional information on the company’s plans.
“The Governor’s Office was not made aware and doesn’t know anything about the company’s decision,” said Ms. Wieman in an email. “We don’t have any information about potential job impacts at this time either and hope that it won’t impact the jobs based in Colorado.”
Excellent choice. DeSantis will keep Florida free from the ravages of communism.
— Ian Miles Cheong (@ianmiles) February 17, 2026
The company had seen its political support diminish in Colorado amid rising criticism on the left over federal immigration-enforcement operations in Minneapolis and other U.S. cities.
Denver Councilwoman Serena Gonzalez-Gutierrez blasted Palantir at a Jan. 26 city council meeting, calling the company “complicit in helping ICE track and target people’s movements, causing harm in our communities.”
There appeared to be no love lost between Palantir and Denver Mayor Mike Johnston.
“We did not receive advance notice of Palantir’s decision,” Johnston spokesperson Jon Ewing told Denverite. “Denver remains a national hub for the tech sector, and that won’t change with Palantir’s departure.”
Sen. John Hickenlooper and Rep. Jason Crow, both Colorado Democrats, agreed earlier this month to donate tens of thousands of dollars to immigrant-rights groups to offset donations to their reelection campaigns from current and former Palantir employees.
“In response to ICE’s escalating violence, Hickenlooper is donating those campaign funds he previously received to local nonprofits who provide legal assistance, shelter, and other services to immigrants in Colorado,” Hickenlooper campaign spokesperson Jess Cohen told the Colorado Sun.
Both Mr. Crow and Mr. Hickenlooper have received in excess of $50,000 from Palantir-connected donors, as shown on the Purge Palantir database, the Sun reported.
Other tech companies setting up offices in the Miami area include tech giants Microsoft, Amazon and Apple.
The Founders Fund, a venture capital firm started by Palantir co-founder Peter Thiel, is headquartered in Miami.
Mr. Thiel has close ties to Vice President J.D. Vance, hiring him as a partner at Mithril Capital and helping fund his 2022 Ohio Senate campaign, while Palantir was among the corporate donors for the White House ballroom.
• Valerie Richardson can be reached at vrichardson@washingtontimes.com.
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