00:00It's Benzinga, bringing Wall Street to Main Street
00:02Palantir announced Tuesday that it will relocate its headquarters to Miami from Denver,
00:07according to CNBC. The software analytics firm becomes the latest company to move to South
00:12Florida as executives seek to build the region into an innovation hub.
00:16Florida has attracted billionaires and executives amid its tax environment,
00:20and California's deliberation over a 5% wealth tax on residents with a net worth above $1 billion.
00:26Palantir was founded in Palo Alto in 2003 and moved to Denver in 2020.
00:31CEO Alex Karp said the company increasingly diverged from the technology sector's values
00:36and commitments in Silicon Valley. Palantir maintains offices in Palo Alto, New York City,
00:42Washington, D.C., and London, and leases additional space in Europe, Asia,
00:46and the Middle East, according to its website. For all things money, visit benzinga.com.
Comments