Anthropic and some shareholders plan to raise up to $64.4 bln in an IPO, filing
with the SEC on Tuesday set an indicative price range of $70–78 per share. The
company intends to issue 801.4 mln new shares and existing holders will sell
23.6 mln shares; at the top of the range the disclosed shares outstanding imply
an equity value of about $1 trillion. The target raise is below SpaceX’s record
$75 bln base offering (roughly $86.2 bln including overallotment). Anthropic set
the size despite a sharp sell-off in AI-related stocks last week. Market concern
that politicians advocating tighter regulation of data centers and related
infrastructure could raise costs and constrain AI development is weighing on
investor sentiment.
