Anthropic IPO Draws Orders Six Times Above Shares as Valuation Nears Trillion
Anthropic's massive IPO has generated orders six times exceeding available shares, aiming to raise a record-breaking sum of up to $90.4 billion combined.
Anthropic's initial public offering has drawn orders exceeding six times the offered shares, according to reports citing sources familiar with the matter, setting the stage for what could be the largest IPO in history. The artificial intelligence developer and maker of the Claude model is seeking to raise up to $64.4 billion in the public offering alongside $26 billion in a private placement, regulatory filings show.
Combined, the total fundraising volume would surpass SpaceX's IPO, establishing a record for capital raised. Investment bankers have informed prospective buyers that Anthropic will prioritize existing investors, meaning some applicants may receive smaller share allocations than anticipated. The details remain fluid and could shift as the offering progresses, sources noted.
Anthropic aims to solidify demand through investor roadshows, including a live-streamed event featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. The company is targeting a fully diluted valuation of roughly $1.4 trillion, a conservative starting point designed to build strong secondary momentum. Concurrently, Nvidia has agreed to purchase approximately $10 billion of shares as part of the private placement, reinforcing a strategic alliance that guarantees Anthropic access to advanced hardware.
Financial disclosures submitted by the company highlighted robust revenue growth, with annualized revenue running at $81 billion as of October 31, up from $65 billion in July. Goldman Sachs and Morgan Stanley are leading the underwriting syndicate alongside 20 other financial institutions. The stock is scheduled to trade on the Nasdaq exchange under the ticker symbol ANT.
