{
  "id": 2262895,
  "title": "Anthropic expects to match SpaceX’s record IPO size or top it",
  "url": "https://urgent.news/2026/08/21/anthropic-expects-to-match-spacexs-record-ipo-size-or-top-it",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-21T00:20:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/companies-markets/anthropic-expects-to-match-spacexs-record-ipo-size-or-top-it"
  },
  "original_language": "en",
  "account": "Anthropic, an artificial intelligence developer, anticipates achieving a record-setting initial public offering (IPO) size, potentially surpassing SpaceX's US$75 billion IPO, according to sources familiar with the matter. The company is preparing to file for its IPO as early as the end of August. While discussing investor briefings led by CFO Krishna Rao, reports suggest the company skirted the question of valuation. Elon Musk's SpaceX raised the record-breaking US$86.2 billion through its IPO, with the overallotment option potentially increasing that figure. Discussions regarding Anthropic's IPO size are ongoing, as details could still change. The AI industry's leaders are transforming investment landscapes, as seen with Anthropic's impressive growth. The five-year-old company raised US$65 billion in May at a US$965 billion valuation, outpacing OpenAI's US$852 billion valuation in March when it raised US$122 billion. Despite generating positive adjusted operating income in Q2, Anthropic reported a net loss of nearly US$42 billion in 2025, a significant increase from US$8.3 billion the previous year. The demand for AI has been surging, with Anthropic's preliminary second-quarter revenue reaching over US$11.5 billion, an increase from US$787 million in Q2 2025. Run rate projections for the full year stand at US$65 billion by the end of July. In addition to AI development challenges, Anthropic is grappling with high costs of building more advanced AI systems. The company has entered agreements with SpaceX for computing resources that could be worth tens of billions of dollars in the next three years.",
  "summary": "Anthropic is running the numbers as it prepares to file publicly for its potential mega-IPO.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}