A decision on Anthropic’s IPO valuation will shape whether its expected Nasdaq offering could generate more than $100 billion, as underwriters weigh a threshold of $1.5 trillion or higher.
The proceeds estimate refers to money raised through share sales; the valuation estimates the company’s worth. Strong investor interest has coincided with the review, but underwriters have not finalized the higher target.
Earlier discussions among existing investors put Anthropic’s value at $1.5 trillion to $1.75 trillion, compared with a roughly $965 billion post-money valuation after its May funding round, according to EconoTimes’ earlier coverage of valuation talks. Those discussions did not establish the IPO’s terms.
Anthropic is expected to list on Nasdaq during the week of Nov. 16. Underwriters are expected to decide before the listing.