#AnthropicIPO Anthropic’s Q3 revenue reportedly hit $16.8 billion—roughly 3.6x SpaceX’s last reported quarter before its IPO. Could its IPO valuation beat SpaceX’s too?
Investors are questioning how long the AI boom can last. Meanwhile, Anthropic is pitching strong growth to build support for its IPO.
According to figures shared with investors, Q3 revenue rose from $11.5 billion to $16.8 billion, up roughly 46% quarter over quarter. The company also says it has reached profitability on an adjusted basis.
For comparison, SpaceX reported approximately $4.694 billion in Q1 2026 revenue, putting Anthropic’s reported quarterly revenue at roughly 3.6x that figure.
SpaceX went public at a valuation of around $1.77 trillion. Anthropic is reportedly valued at roughly $1.93 trillion in secondary-market trading.
Investors are questioning how long the AI boom can last. Meanwhile, Anthropic is pitching strong growth to build support for its IPO.
According to figures shared with investors, Q3 revenue rose from $11.5 billion to $16.8 billion, up roughly 46% quarter over quarter. The company also says it has reached profitability on an adjusted basis.
For comparison, SpaceX reported approximately $4.694 billion in Q1 2026 revenue, putting Anthropic’s reported quarterly revenue at roughly 3.6x that figure.
SpaceX went public at a valuation of around $1.77 trillion. Anthropic is reportedly valued at roughly $1.93 trillion in secondary-market trading.