This State Is Becoming the New Silicon Valley

"Palantir is ditching Denver. The reason? Florida. The company announced on X Tuesday it moved its headquarters to Miami, joining a wave of tech giants fleeing traditional business hubs like New York and California for the Sunshine State. We have moved our headquarters to Miami, Florida.- Palantir (@PalantirTech) February 17, 2026 Apple recently expanded with a new Miami campus. Amazon signed a massive office lease in Miami's Wynwood neighborhood. ServiceNow committed to opening an office in West Palm Beach."

"The exodus is driven by lower taxes, warm weather, and safer neighborhoods. But it's also driven by two billionaires spending $10 million to make it happen. Citadel's Ken Griffin and real estate magnate Stephen Ross launched a campaign to lure CEOs and investors to South Florida with national ads, direct outreach, and a concierge program that helps executives relocate operations and navigate state regulations."

Palantir relocated its headquarters from Denver to Miami on February 17, 2026. The move places Palantir among major tech firms expanding or opening operations in South Florida, including Apple, Amazon, and ServiceNow. Companies are attracted by lower taxes, warm weather, and perceptions of safer neighborhoods. Two billionaires, Ken Griffin and Stephen Ross, have spent $10 million to recruit CEOs and investors to South Florida through national ads, direct outreach, and a concierge program that assists executives with relocation and state regulations. Former Miami Mayor Francis Suarez called the move a watershed moment and tipping point for the city.

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