415.tech
AI & tech, from the frontlines of Silicon Valley
Anthropic backers tell the FT they expect a $2T IPO in October — the largest ever

Anthropic backers tell the FT they expect a $2T IPO in October — the largest ever

Six Anthropic backers told the Financial Times they expect an October listing near $2 trillion, up from the $965 billion valuation set in May, alongside a projected $100 billion to $120 billion annualized revenue run rate by the end of 2026. It is investor expectation, not company guidance — the offering is still under discussion and no valuation target has been fixed internally. The figure marks how far private holders have repriced frontier AI, ahead of any filing that would test it against public-market demand.

Source: fortune.com ↗

Post on XEmail

Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, even larger than SpaceX and therefore the largest public offering of stock ever.

Financial Times / Fortune

Why this matters

  • → A $2T valuation would make Anthropic's IPO the largest public offering ever, surpassing SpaceX.
  • → Signals investor confidence in frontier AI's commercial viability and revenue trajectory.
  • → Tests whether private AI valuations can survive the scrutiny of public markets.
Frontier AI's largest test