Anthropic's Investors Want a $2 Trillion IPO. The Last Record-Setting IPO Has Made Its Buyers Nothing in Two Months.
The AI company's backers are talking up the biggest listing ever. The current record holder shows how the first two months can go.
Overview
Anthropic's backers reportedly want the artificial intelligence (AI) company to go public in October at a valuation of $2 trillion or more. The Financial Times reported the figure this month, citing the company's investors.
Anthropic itself has confirmed far less. It filed a confidential draft registration statement on June 1, and it hasn't publicly set a valuation, a date, an exchange, or a ticker. Bloomberg reported Thursday that the company expects to match or beat the size of SpaceX's record raise, and could file publicly as soon as the end of this month.
Details
A $2 trillion debut would be the largest initial public offering (IPO) ever, and the company it would take the record from is barely two months into public life. SpaceX (NASDAQ:SPCX) priced the current largest IPO on record in June, at a valuation of about $1.77 trillion.
Source
Originally published at www.fool.com.