Anthropic could make a debut for one of the biggest initial public offerings in history, possibly surpassing the record set by SpaceX.
The Claude manufacturer’s bankers have reportedly told potential investors that the company could seek to secure funding of nearly $100 billion through its IPO.
Such an agreement could value the five-year-old AI company at around $2 trillion, which is more than double of its previous valuation of $965 billion reached during its latest funding round in June.
The Elon Musk owned Space enterprise holds the record after securing a funding of $85.7 billion in its June IPO at a valuation of $1.77 trillion.
As per Bloomberg, Anthropic expects to match or surpass the size of SpaceX’s offering.
If Anthropic proceeds with the plan, its shares would likely start trading as early as this autumn. The company filed to go public in June and could launch its prospectus in the near future, as per The New York Times.
The potential listing could put Anthropic ahead of OpenAI, its major competitor.
Notably, the ChatGPT manufacturer is targeting a public listing in 2027.
Founded in 2021 by Dario and Daniela Amodei and former OpenAI executives, Anthropic has emerged as a strong player of the AI landscape.
Its Claude Code coding assistant has become one of its most popular products, helping drive projected annual revenue to $47 billion.
However, the company faces challenges, including increasing demand for computing infrastructure amid shortages of advanced chips and servers.
Moreover, Anthropic has a difficult relationship with the Trump administration. In March, the US government ordered it to end its contracts, citing supply chain risk after Anthropic refused to provide the military unrestricted access to its AI models.
Since then, the company and the US government are not on good terms.
