Story perspectives

Anthropic Prepares $2 Trillion IPO, Valuation Near $1T

9/10/2026

Summary

Story summary

Anthropic is preparing a $2 trillion IPO, surpassing SpaceX’s $1.77 trillion June listing.
Valuation climbed from $380 billion in February to $965 billion after a $65 billion May round.
Prospectus files late September, roadshows start mid-October, and listing targets before November midterms.
Morgan Stanley leads underwriting and Goldman Sachs will stabilize post-listing, with JPMorgan, Citigroup, Barclays as syndicate.
Anthropic is negotiating a $15 billion revolving credit facility with the same banks.

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Story summary

Anthropic is preparing a $2 trillion IPO, surpassing SpaceX’s $1.77 trillion June listing.
Valuation climbed from $380 billion in February to $965 billion after a $65 billion May round.
Prospectus files late September, roadshows start mid-October, and listing targets before November midterms.
Morgan Stanley leads underwriting and Goldman Sachs will stabilize post-listing, with JPMorgan, Citigroup, Barclays as syndicate.
Anthropic is negotiating a $15 billion revolving credit facility with the same banks.