Anthropic files for a $1.4 trillion IPO seeking up to $90.4 billion in proceeds

Anthropic announced an initial public offering of 825 million Class A shares priced between $70 and $78, aiming to raise as much as $90.4 billion through the public offering and a concurrent private placement. The company targets a fully‑diluted valuation of about $1.4 trillion and plans to list on Nasdaq under the ticker ANT. Lead underwriters are Goldman Sachs and Morgan Stanley, with a total of 22 banks participating.

The size of the offering makes it one of the largest equity raises ever announced, potentially setting a new benchmark for AI‑sector IPOs. Investors will need to allocate capital for a multi‑billion‑dollar transaction and may face significant price volatility at debut.

  • 1Anthropic is offering 825 million shares at $70‑$78 each.
  • 2The company seeks to raise up to $90.4 billion through the IPO and a concurrent private placement.
  • 3The targeted fully‑diluted valuation is approximately $1.4 trillion.
  • 4The IPO is scheduled to launch on 19 November 2026.
  • 5Goldman Sachs and Morgan Stanley are lead banks, with 20 additional banks participating.
  • 6Anthropic plans to list on Nasdaq under the ticker ANT.

Sources