AI company Anthropic is reportedly preparing for a public debut as early as mid-November, with potential valuations ranging from $1.8 trillion to $2 trillion, according to sources familiar with the matter. The proposed timeline and valuation have drawn comparisons to SpaceX's record-breaking IPO.
According to a Bloomberg report, Anthropic could target a mid-November listing, with formal IPO marketing potentially beginning the week of November 9. Shares might start trading before November 26, Thanksgiving Day in the US. However, the company has not confirmed this schedule, and the timeline remains subject to market conditions, regulatory requirements, and investor demand.
The company's financial performance is a key aspect of the IPO narrative. Projections suggest Anthropic's 2025 revenue could reach approximately $4.6 billion, a substantial increase from its reported $386 million in 2024. This growth highlights the demand for its AI products, particularly its Claude models, within the competitive generative AI industry.
This news emerges as US President Donald Trump indicated that the US Government might acquire ownership stakes in OpenAI and Anthropic, fueling discussions about the global AI race. Investors are also exploring ways to gain early exposure to such private tech giants through pre-IPO tokens.