Anthropic Could Join the Nasdaq-100 Only 15 Trading Days After Its IPO, Just Like SpaceX Did
A rule Nasdaq wrote this spring could put the Claude maker in index funds within weeks of its debut. SpaceX just showed how small the slice starts.
Anthropic, the AI company behind the Claude models, has selected Nasdaq for its upcoming stock market debut, according to a Business Insider report. The potential IPO valuation is estimated at $2 trillion, though this figure has not been finalized. The Wall Street Journal later reported that the listing has been delayed to November due to third-quarter results.
However, Anthropic has not officially confirmed these details. If the Business Insider report is accurate, this move could be significant for investors who typically avoid IPOs. The Nasdaq-100 index is restricted to nonfinancial companies, and over 200 investment products with more than $800 billion in assets currently track the index, including the Invesco QQQ Trust (NASDAQ:QQQ).
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
