Anthropic targets $1.4 trillion IPO
The Wall Street Journal reports that according to its sources, Anthropic is "aiming for its shares to start trading Thursday or Friday next week." As Reuters notes, the Anthropic IPO was previously expected to be valued at as much as $2 trillion.
Key points
- Anthropic could raise up to $63 billion in an IPO expected to take place next week.
- The company could end up being worth a hefty $1.404 trillion if its shares list at the top of the price range, on a fully diluted basis.
- As of last week, Anthropic's rival OpenAI was valued at $1.25 trillion.
Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the New York Times.
Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations.
Additional details
- Those lower expectations follow months of … Read the full story at The Verge.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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Every article behind this summary — 3 articles from 3 outlets
The VergeNovember 10, 2026, 2:06 PM UTC →
TechCrunchNovember 10, 2026, 2:01 PM UTC →
MarketWatchNovember 10, 2026, 12:32 PM UTC →
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