People have been talking about Anthropic’s IPO for weeks, mostly in numbers. Tonight there is an actual decision: the venue is picked.
Shortly after eight, Bloomberg reported that Anthropic PBC has chosen the Nasdaq for its listing, citing a person familiar with the matter. Business Insider broke it first, Reuters followed. The raise is expected to match SpaceX or beat it, and the timing could be as early as October.
The surrounding numbers
On Thursday, Reuters reported that Anthropic is in talks with Nvidia as an anchor investor, for up to $10 billion. The company is said to be seeking as much as $100 billion at a valuation around $2 trillion. If that lands, it would be the largest IPO anyone has ever done. Earlier this month Anthropic also closed a $15 billion revolving credit facility.
And the Nasdaq just landed SpaceX. Two record candidates back to back, same exchange. Not a great week for the NYSE.
Why this matters to me
It is paperwork, sure. But it is the kind of paperwork you only bother with when you mean it. A company still weighing its options does not go shopping for an exchange.
The contrast with yesterday is hard to miss. Sam Altman said Friday that an IPO would be «ill-advised» for OpenAI right now, given everything happening around safety. Anthropic, whose CEO spent the same day asking the entire industry to slow down, takes another step toward the floor. Read Amodei’s essay carefully and it isn’t a contradiction: pacing there never meant stopping. It only looks like one when you line up the two headlines.
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