Anthropic Targets $1.5 Trillion Valuation as IPO Roadshow Approaches
Written by AI from fool.com's report. Not checked by a person.
AI company Anthropic has filed its S-1 with the SEC and plans to begin marketing its stock to investors during the week of November 9, with a public debut expected roughly a week later — an event that could be one of the biggest for the stock market this year.
Anthropic, the AI company behind the Claude family of models, has submitted its S-1 filing with the US Securities and Exchange Commission, setting the stage for a public offering. The company is expected to begin its IPO roadshow during the week of November 9 and make its stock market debut approximately a week after that. Goldman Sachs and Morgan Stanley are leading the offering, and the roadshow will involve the underwriters and Anthropic's team pitching shares to institutional investors and other large buyers. The company is targeting a valuation of around $1.5 trillion — meaningfully below the roughly $2 trillion figure at which it had previously been expected to go public. Even so, that would place it just under the record set by SpaceX, which listed at $135 per share in its own 2026 IPO, valuing it at $1.77 trillion and raising $85.7 billion. Anthropic's prospectus revealed explosive revenue growth — $16.3 billion in sales in the first half of 2026, up from $1.2 billion in the same period a year earlier — but its net loss also ballooned dramatically, rising to $80.7 billion from roughly $13 billion, as the company pursues massive computing investments. Anthropic has not yet disclosed a listing price, share count, or target raise amount.
