Anthropic has received orders for six times the shares available in its proposed initial public offering, positioning the event as a potential record breaker for global markets. Bloomberg reports that the company aims to raise up to $64.4 billion from the public sale and an additional $26 billion through a private placement. This approach would surpass the fundraising of SpaceX in a public offering. The target valuation sits at roughly $1.4 trillion, with existing investors receiving priority in share allocation.
The intense demand likely stems from the company’s reported financial growth. Anthropic’s annualised revenue climbed to $81 billion by late October, up from $71 billion in September. Nvidia is also buying $10 billion in Anthropic stock through the private placement. Goldman Sachs and Morgan Stanley are managing the Nasdaq listing under the ticker ANT. CEO Dario Amodei will pitch investors alongside JPMorgan CEO Jamie Dimon in a Friday livestream.
- Orders exceed available shares by a factor of six
- Target valuation is roughly $1.4 trillion
- Nvidia purchases $10 billion in private placement shares
