3 Historical Reasons I'll Be Completely Avoiding Anthropic's Upcoming and Potentially Record-Breaking IPO
Anthropic stands ready to dethrone Elon Musk’s SpaceX, which rewrote Wall Street’s record books in June.
Overview
If you thought Elon Musk's Space Exploration Technologies (SpaceX) (NASDAQ:SPCX) was the stand-out initial public offering (IPO) of 2026, you might be sorely mistaken. Although SpaceX rewrote Wall Street's record books with its $1.77 trillion IPO, which raised a record $85.7 billion, including the underwriters' overallotment, artificial intelligence (AI) start-up Anthropic aims to knock SpaceX from its pedestal.
The developer of the increasingly popular Claude large language model has already confidentially filed the necessary paperwork to go public and is widely expected to publish its registration statement (i.e., prospectus) after the Labor Day holiday. It's believed that Anthropic is seeking a late-September or early-October listing and a staggering $2 trillion valuation.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.