Anthropic Eyes $2 Trillion IPO, Surpassing SpaceX Record

Artificial intelligence company Anthropic is pursuing an initial public offering that could value it at up to $2 trillion. If successful, this would be the largest listing on record. Underwriters are reportedly talking with potential investors about raising over $100 billion through the IPO. This valuation would surpass the current IPO record held by SpaceX, which was valued at $1.77 trillion when it listed. Anthropic's valuation has climbed sharply, with explosive revenue growth driving this increase. Its annualized revenue is said to have surpassed $65 billion, a more than sevenfold increase in seven months. The company, founded in 2021 by former OpenAI employees, has seen its coding AI program, Claude Code, gain popularity. Anthropic expects to maintain high service prices due to AI model performance improvements, even amidst increasing price competition from less expensive AI models. The company anticipates releasing its IPO prospectus within weeks and aiming for a listing within months. This potential IPO highlights the massive financial growth and investment interest in the artificial intelligence sector.