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Analysis:From SpaceX to Anthropic, markets have a new playbook for mega-share debuts

Anthropic, the AI firm preparing for its IPO next week, is expected to see its share price heavily influenced by who is forced to buy rather than who wants to buy. Investors are drawing parallels between Anthropic's potential listing and SpaceX's successful June debut, noting that major US index providers such as Nasdaq have revised their inclusion criteria to accommodate the influx of passive money.

Anthropic aims to raise up to $64.4 billion by selling 825 million shares, valuing the company at up to $1.4 trillion. The shares will be included in at least six major indexes within 5 to 15 days of the listing, driving significant demand from index-tracking funds and investors.

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

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