Anthropic plans to publicly file S-1 as soon as Friday Oct. 23, aiming for November listing at up to $2T
What happened
Anthropic is set to publicly file its S-1 registration statement with the SEC as soon as Friday, Oct. 23, according to three people familiar with the plans cited by Yahoo Finance. Anthropic filed confidentially on June 1, and SEC rules require the materials to be public 15 calendar days before a roadshow — so a Friday filing would clear the last procedural hurdle toward a roadshow starting the week of Nov. 9 and a November listing on Nasdaq, with Morgan Stanley, Goldman Sachs and JPMorgan leading. The offering would exceed SpaceX's June listing as the largest IPO in history, with Wall Street expecting a raise of up to $100 billion at around a $2 trillion valuation — though Reuters reports some investors now weigh closer to $1.5 trillion after the WSJ disclosed an $80.7 billion first-half net loss and $600B+ in compute commitments.
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Start your free 14-day trialWho’s affected
- Nvidia — Anthropic compute partner and scale proxy for AI infrastructure demand
- Alphabet, Amazon, Microsoft — compute partners and major investors; broader AI-capex trade (Broadcom, TSMC, hyperscaler capex narrative)
- U.S. IPO market and mega-cap benchmarks that a $2T listing would enter.