Bennito L. Kelty
Audio By Carbonatix
Palantir Technologies has flown the coop. After moving to downtown Denver from Silicon Valley in 2020, and then leaving its offices in the Tabor Center for swanky digs in Cherry Creek this fall, the massive data analytics behemoth has moved to Miami, according to a terse post that Palantir posted on X early today, February 17.
Palantir and its chairman, billionaire edgelord Peter Thiel, have been the subject of local protests over the company’s work with oppressive federal regimes. Last June, protesters had marched to Palantir’s downtown headquarters when the company was still in residence there to condemn its contracts with ICE and the Israeli Defense Forces. On January 23, Denver demonstrators rallied outside the Cherry Creek offices to show solidarity with the ICE Out of Minnesota Day of Freedom and to protest the killing of Renee Good, a Colorado native, at the hands of ICE agents. And signs complaining about the company have been frequent at protests at the Colorado Capitol.
Now this major spoke of the military-industrial complex has packed up, picked up and gone to Florida. Here are seven things to know about the company that we won’t miss:
What Does Palantir Technologies Do?
Palantir builds large-scale software platforms that integrate and analyze diverse data streams with artificial intelligence to help large organizations make decisions. Palantir’s initial focus was data-crunching for government agencies, primarily for intelligence and defense, but now the company is employed by a broad spectrum of commercial and government clients seeking to use mass data analytics to increase profits and efficiency. Its primary products are Gotham, focusing on intelligence, and Foundry, its enterprise engine.
Who Are Palantir’s Customers?
Palantir Technologies’ clients have included the U.S. Department of Defense, the Department of Homeland Security and ICE; the U.S. Army; and U.S. intelligence agencies, including the CIA, the FBI and the NSA. It also has corporate clients like Walmart, Amazon, Pfizer and UnitedHealthcare. The Israeli government is a customer, as is the United Kingdom, Ukraine and NATO. Palantir’s stock price nearly doubled in the year that President Donald Trump returned to office, and by last fall had surged 1,800 percent since its initial public offering in 2020. It was the largest Colorado-based company…by far.
Why Is Palantir Controversial?
Palantir’s technology enhances authoritarian tools like surveillance, military targeting and immigration enforcement, prompting concerns about oversight and threats to civil liberties. Last year, ICE contracted with Palantir for $30 million to build a platform called ImmigrationOS to streamline deporting immigrants using artificial intelligence to identify and track non-U.S. citizens. Palantir’s AI products were also used by the Israeli government to identify targets in the war in Gaza, and its founder has been a controversial right-wing figure for over a decade. According to a United Nations report, Palantir provided the Israeli military with artificial intelligence technology able to integrate real-time battlefield data for automated decision-making. Oh, yeah, and Palantir helped pay for Trump’s new ballroom at the White House.
Who Is Peter Thiel?
Peter Thiel, a cofounder of Palantir along with Alex Karp, was a PayPal founder and the first outside investor in Facebook. After a website, Valleywag, outed Thiel as gay in 2007, Thiel secretly bankrolled lawsuits against the site’s parent company, Gawker, eventually bankrupting the alt-media company through a lawsuit brought by Hulk Hogan. A longtime Trump supporter, Thiel has recently been giving talks to elite audiences about the Antichrist, as South Park brilliantly lampooned in a recent episode.
Why Did Palantir Move to Denver?
When Palantir moved from Silicon Valley to the Tabor Center in downtown Denver in 2020, CEO Karp told investors in a letter announcing the move that the “engineering elite of Silicon Valley may know more than most about building software, but they do not know more about how society should be organized or what justice requires. Our company was founded in Silicon Valley. But we seem to share fewer and fewer of the technology sector’s values and commitments.” In September of this year, Palantir announced it was relocating from the Tabor Center to the affluent Cherry Creek neighborhood of Denver — a city that voted overwhelmingly against Trump in 2016, 2020 and 2024.
Why Did Palantir Leave Denver?
So far, Palantir isn’t talking, beyond this short statement on X: “We have moved our headquarters to Miami, Florida.”
We have moved our headquarters to Miami, Florida.
— Palantir (@PalantirTech) February 17, 2026
Have We Seen the Last of Palantir?
Whatever the company’s real reason for leaving, Denver, Colorado, hasn’t seen the last of at least one Palantir partner. In December, Karp paid $120 million for St. Benedict’s Monastery in Old Snowmass, which had been home to Trappist monks for seventy years. Now the sanctuary will instead be a Karp getaway.
This story has been updated from October 2025.
