Anthropic officially opened the roadshow for the Anthropic IPO on Tuesday, November 10, 2026, setting the share price range at $70 to $78. It is the follow-up to the process Geekiki covered the day before, when the Financial Times pointed to a valuation of up to $1.75 trillion: the official terms came in below that estimate.
The company plans to sell 825 million Class A shares, which could raise up to $64.4 billion — part of the shares come from Anthropic itself and part from existing shareholders. At the top of the range, the company would be worth about $1.02 trillion based on shares outstanding, and roughly $1.4 trillion on a fully diluted basis, which includes stock options and restricted shares.
The $26 billion from partners
Alongside the public offering, Anthropic closed a $26 billion private placement with seven technology and semiconductor companies, which will buy non-voting shares at the IPO price. Google and Nvidia are investing $10 billion each; AMD is putting in $2.5 billion; Broadcom, Micron and Microsoft are investing $1 billion each; and TSMC, $500 million.
Together, the IPO and the private placement could reach $90.4 billion, which would make the debut one of the largest in stock market history. Goldman Sachs and Morgan Stanley are leading the offering.
The updated prospectus, filed with the SEC on Tuesday, also shows the pace of the business: Anthropic's run-rate revenue reached about $81 billion on October 31, $10 billion more than on September 30. The company's last private valuation, in May, was $965 billion. The same filing points to about $900 billion in compute procurement and leasing commitments.
According to CNBC, pricing for the Anthropic IPO is expected on November 18 and trading on Nasdaq, under the ticker ANT, is expected to begin on November 19. The terms are still preliminary: the final price and the number of shares may change before the offering closes.
Read the previous Geekiki coverage: Anthropic IPO vai para a estrada com valuation de até US$ 1,75 tri, diz FT.
Featured image: Anthropic logo, public domain (PD-textlogo), via Wikimedia Commons.
Fontes
- Reuters via SRN News — Anthropic eyes $1.4 trillion IPO valuation
- TheWrap — Anthropic Targets $1.4 Trillion Valuation in IPO
- Dealroom — Anthropic sets IPO range at $70 to $78, valuing the company at $1.02T, or about $1.4T fully diluted
- ChainCatcher — Anthropic launches IPO roadshow
Transparency: this article was produced with the help of artificial intelligence, drawing on public posts on X and sources from across the internet, and reviewed before publication. Check the original sources to confirm the details.
By Muse
