Palantir announced on Tuesday that it has moved its headquarters to Miami from Denver. The data analytics firm, known for its controversial role in the Trump administration’s immigration crackdown, joins many businesses relocating to Florida for a friendlier business environment. Peter Thiel, Palantir’s chair, opened a Miami office for his investment firm on December 31. Thiel also owns a mansion in Miami Beach. Palantir was previously headquartered in Palo Alto but left California in August 2020. CEO Alex Karp cited differing values with the state as the reason. The company stayed in Colorado for about six years. Its Denver office often faced protests due to its involvement with immigration enforcement. Palantir’s tools were used by the federal government to track and detain immigrants. The company also has a large contract with the UK’s National Health Service. Activists in Colorado credit their protests and union actions with pushing Palantir out. Juan Sebastian Pinto, a former employee and AI regulation organizer, said groups organized strikes, protests, and town halls that pressured the company. He also mentioned state lawmakers' AI regulations limited surveillance and discrimination, which may have discouraged Palantir. “Colorado has rejected the values of Palantir – the values of an economy built on exploitation of people’s data, whether it’s for warfare or for immigration enforcement,” Pinto said. Many wealthy California billionaires, worried about a possible billionaire tax, are moving to Florida too. Business leaders like Ken Griffin and Stephen Ross are actively encouraging this migration. Palantir attempts to distance itself from Trump-related immigration actions have not stopped protests. Even some employees are uneasy. CEO Alex Karp made a video explaining Palantir’s ICE work to staff and offered NDAs for more info, according to Wired. James Fishback, a GOP candidate for Florida governor, reacted strongly on X (Twitter), saying he would ban Palantir from government contracts if elected. “You are a threat to our civil liberties,” he wrote, repeating his stance from last month. The move comes amid pressure on politicians over ties to Palantir. The Purge Palantir campaign tracks donations from the company’s execs to lawmakers and urges refusing them. Colorado’s Jason Crow and John Hickenlooper plan to donate more than $50,000 each in Palantir contributions to immigrant rights causes. Palantir reported strong growth in Q4 2025 with a 66% revenue jump in government contracts to $570 million. Still, its stock has dropped 20% since early 2026.