Anthropic shifts stock market listing to November, eyes $2 trillion valuation
Anthropic is postponing its planned IPO from October to November. The maker of AI assistant Claude wants to present third-quarter results to investors before the roadshow begins. If the IPO can be priced at that valuation, it will be the largest in history. For comparison: SpaceX listed in June at a valuation of $1.77 trillion and raised $85.7 billion in the process.
In brief:
- Anthropic is shifting its IPO from October to November, The Wall Street Journal reports.
- The targeted valuation is $2 trillion, with possible proceeds of $100 billion.
- Nvidia is reportedly in talks to invest up to $10 billion in the IPO.
Delay to present quarterly results
According to The Wall Street Journal, the delay is deliberate. By scheduling the IPO a month later, Anthropic can present its third-quarter results before potential investors are approached. That gives the company the opportunity to support its growth story with concrete, up-to-date figures.
Those growth figures are impressive. At the end of July, annualised revenue exceeded $65 billion, whereas at the end of 2025 it was still around $9 billion. In its latest private round, in May this year, Anthropic was valued at $965 billion.
Nvidia wants to invest up to $10 billion
Alongside the announcement of the delay, Reuters reports that Nvidia is in talks to put up to $10 billion into the IPO. An investment of that size would directly link Nvidia to one of the largest AI companies outside its own sector.
Anthropic is not the only AI player considering a move to the public markets. The company is known for Claude, its own series of AI models. Blockchainstories previously wrote about a security incident in which OpenAI was attacked through Anthropic’s model Claude, showing how closely the major AI labs are intertwined.
If the IPO succeeds on the intended terms, Anthropic’s IPO will surpass SpaceX’s and become the largest IPO ever. The coming weeks will make clear whether investors are willing to pay that valuation.
Not financial advice. The Latest Crypto News provides educational and informational content only. Crypto-assets are highly volatile and you can lose your entire investment. Always do your own research. Read our full disclaimer.
Affiliate disclosure. Some links on this site are affiliate links. If you sign up with a partner through one of them, we may earn a commission at no extra cost to you. This never influences our reporting. See our editorial guidelines.
