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Anthropic Aims for Largest-Ever IPO

Anthropic expects its initial public offering to reach a record high, equaling or surpassing the one set by SpaceX, Bloomberg reported Thursday (Aug. 20), citing unnamed sources. SpaceX achieved the biggest-ever first-time sale when it raised $75 billion at the outset, and it later increased that figure to $86.2 billion with an overallotment option, according […] The post Anthropic Aims for…

Anthropic Aims for Largest-Ever IPO

Anthropic, the leading AI startup, is set to make history with its anticipated initial public offering (IPO), aiming to reach the highest-ever amount raised in a single transaction, Bloomberg reported. Known for toppling the previous record set by SpaceX in 2021, Anthropic is currently calculating the exact figure and plans to file for its IPO as soon as the end of August, according to unnamed sources.

Discussions on the size of the IPO and other details are ongoing and may change, the report said. Anthropic filed for its IPO confidentially on June 1, submitting a draft registration statement to the Securities and Exchange Commission (SEC). The company stated that this move allows it to go public after the SEC's review and that the proposed IPO depends on market conditions and other factors.

In May, Anthropic became the world's most valuable AI startup, raising $65 billion in a Series H funding round and reaching a post-money valuation of $965 billion. Prior to that, the company had raised $30 billion in a February Series G round, valuing it at $380 billion. Recent financial data shows that Anthropic's revenues for the second quarter doubled from $787 million to over $11.5 billion, illustrating a surge in growth for the AI giant.

With the potential for a record-breaking IPO, analysts predict 2026 could be a landmark year for U.S. IPO volume, breaking the current record set in 2021.

Written by urgent.news from PYMNTS's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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