Beckmann

Dossier · Ongoing

Anthropic's IPO

From the first report on investor meetings in July to the 2028 revenue forecast in August 2026: Anthropic's planned IPO, tracked over time.

Anthropic has been preparing a possible IPO since summer 2026. After initial investor meetings in July and a $965 billion valuation from the May funding round, banks and investors are now basing the process on a revenue forecast of up to $200 billion for 2028.

An official trading debut date remains unset. This dossier tracks the story from the first talks through the actual SEC filing and trading debut.

Timeline

  1. Anthropic starts investor meetings ahead of IPO in October

    Morgan Stanley, Goldman Sachs and JPMorgan are accompanying the process – the valuation is at 965 billion dollars.

  2. Anthropic aims for $200 billion in revenue by 2028

    Banks are evaluating the planned IPO in October based on a forecast that is expected to more than quadruple by 2028.

  3. Anthropic Investors Target $2 Trillion IPO Valuation

    Six investors expect a record valuation for the October IPO, backed by rapidly rising revenue figures.

  4. Anthropic Values Market Opportunity Before IPO at $30 Trillion

    The Wall Street Journal reports: the prospectus draft exceeds SpaceX's record estimate – analysts consider the figure unrealistic.

  5. Anthropic considers stock sale for early investors in IPO

    First details on the largest AI IPO: Bankers calculate up to two trillion dollars, early investors could sell for the first time.

  6. Anthropic postpones IPO – Start not until mid-October

    The prospectus for the largest AI IPO of the year is coming later than planned – new details on schedule, valuation, and credit line.

  7. Nvidia negotiates ten billion dollars for Anthropic's IPO

    The chip manufacturer is reportedly set to become an anchor investor in what could be the largest IPO in history.

  8. Anthropic reaches $100 billion annual revenue before IPO

    The AI company's revenue has grown by half in two months – new figures fuel the IPO planned for November.

  9. Anthropic applies for 50.1 percent voting rights for seven founders

    A new class of shares is intended to permanently secure the majority of votes for the seven company founders – with minimal capital share.