Anthropic is going public!
Anthropic could begin its roadshow as soon as Tuesday, as the 15-day waiting period after its SEC filing comes to an end. Nasdaq trading would then begin in the week of November 16.
IPOs are usually postponed in conditions like those that arose last week. After Democrats won the U.S. midterm elections, AI stocks plunged, the fear index VIX rose above 25, and the Nasdaq 100 lost 14% in a month. As a result, the valuation being discussed fell to $1.1–1.3 trillion. What’s more, according to The Information, Anthropic withdrew its updated IPO prospectus because of errors in the details...
However, in terms of size, the deal could match or surpass SpaceX’s record $86.2 billion IPO. Renaissance Capital believes an asset like this will go ahead in any market conditions—the only question is the price.
Unlike SpaceX, the offering will be priced within a range, so demand will be clear right away. Up to 20% of the shares could go to retail investors in the U.S., Britain, Japan, and Australia.
During the roadshow, the company will have to allay investors’ concerns, as revenue growth slowed at the end of the third quarter, and Democrats could turn their attention to data centers and AI regulation.
It’s no coincidence that Anthropic’s IPO is considered the most important catalyst and a genuine market-cleansing event in the coming weeks.
Anthropic could begin its roadshow as soon as Tuesday, as the 15-day waiting period after its SEC filing comes to an end. Nasdaq trading would then begin in the week of November 16.
IPOs are usually postponed in conditions like those that arose last week. After Democrats won the U.S. midterm elections, AI stocks plunged, the fear index VIX rose above 25, and the Nasdaq 100 lost 14% in a month. As a result, the valuation being discussed fell to $1.1–1.3 trillion. What’s more, according to The Information, Anthropic withdrew its updated IPO prospectus because of errors in the details...
However, in terms of size, the deal could match or surpass SpaceX’s record $86.2 billion IPO. Renaissance Capital believes an asset like this will go ahead in any market conditions—the only question is the price.
Unlike SpaceX, the offering will be priced within a range, so demand will be clear right away. Up to 20% of the shares could go to retail investors in the U.S., Britain, Japan, and Australia.
During the roadshow, the company will have to allay investors’ concerns, as revenue growth slowed at the end of the third quarter, and Democrats could turn their attention to data centers and AI regulation.
It’s no coincidence that Anthropic’s IPO is considered the most important catalyst and a genuine market-cleansing event in the coming weeks.
