Anthropic targets $1.4 trillion IPO

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Anthropic confirmed on Tuesday that its IPO could be one of the largest ever, but below earlier expectations of up to $2 trillion, targeting a $1.4 trillion valuation. The offering price is expected to be $70.00 to $78.00 per share, with the stock to be listed on the Nasdaq Global Select Market under the ticker ANT; per The Wall Street Journal, trading is expected to begin next Thursday or Friday. By comparison, OpenAI was valued at $1.25 trillion last week.

Why it matters

The report gives the offering price range, listing timeline and valuation comparison, letting readers gauge how much this IPO has shrunk relative to earlier expectations.

Article · English

Anthropic’s public offering is expected to make it one of the world’s most valuable publicly traded companies as soon as next week.

by Stevie Bonifield

Nov 10, 2026, 2:06 PM UTC

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Image: Cath Virginia / The Verge

Stevie Bonifield

is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share and according to the Wall Street Journal’s sources, Anthropic is “aiming for its shares to start trading Thursday or Friday next week.”

As Reuters notes, the Anthropic IPO was previously expected to be valued at as much as $2 trillion. As of last week, Anthropic’s rival OpenAI was valued at $1.25 trillion.

The initial public offering price is expected to be between $70.00 and $78.00 per share. Anthropic has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol “ANT.”

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Stevie Bonifield

Source: The Verge · AI · theverge.com