Crypto traders value Anthropic at $1.9 trillion as investor warns its IPO could mark the top of the AI bubble
Anthropic filed for a Nasdaq IPO on Oct. 26, reporting a quarterly operating profit as crypto markets valued the Claude developer near $2 trillion.
Anthropic submitted its S-1 registration statement to the US Securities and Exchange Commission on Oct. 26, seeking a Nasdaq listing under the ticker ANT. The Claude developer has not disclosed its proposed share price or offering size, though market expectations point to a November debut. Goldman Sachs and Morgan Stanley are leading the offering, which could become one of the largest in US history.
Crypto traders price Claude developer near $2 trillion
Crypto trading platform Liquid reported that Anthropic's implied valuation fell roughly 2% to $1.88 trillion after the IPO announcement. Better Markets quoted an indicative pre-IPO share price of $2,967.92, corresponding to an estimated $1.43 trillion valuation under its pricing methodology.
an offering of this magnitude could release substantial capital accumulated by early investors and employees, potentially redirecting investment toward startups and other markets
The enormous valuations have divided investors over what Anthropic's public debut could mean for the wider technology sector. Simon Dedic, founder of Moonrock Capital, expects the company to begin trading by mid-November, adding that the listing could mark the "top of the AI bubble" or become one of the largest wealth-creation events in private-market history.
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