Anthropic expects its IPO size to match or exceed SpaceX’s record.
50 minutes ago
According to people familiar with the matter, artificial intelligence company Anthropic expects its IPO size to match or exceed the record set by SpaceX. As the AI firm accelerates its listing preparations, a blockbuster IPO is in the works. The sources said Anthropic is conducting relevant calculations and preparing to publicly file its potential large-scale IPO application as early as the end of this month. They revealed that recent investor communication meetings hosted by CFO Clario avoided valuation discussions. Data shows that rocket and satellite company SpaceX raised $75 billion in its IPO, making it the largest initial public offering in history. The figure ultimately rose to $86.2 billion after the exercise of the so-called over-allotment option, a mechanism typically triggered when a stock rises in its early trading days. Anthropic’s target reflects that leading AI industry players are reshaping the tech investment landscape in an extremely short period of time. Previous reports noted that Anthropic’s preliminary second-quarter revenue exceeded $115 billion, while the same period in 2025 saw only $787 million. As of the end of July, the company’s annualized revenue run rate had reached $650 billion.
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