Anthropic IPO: Aims to Match SpaceX's $75B Record

Anthropic, the developer of Claude, is preparing for a potential mega-IPO as soon as the end of this month. Discussions are ongoing, but the company aims to match or exceed SpaceX's record IPO size of US$75 billion. This target highlights how AI industry leaders are changing the tech investment landscape. Anthropic, a five-year-old company, raised US$65 billion in May at a US$965 billion valuation. This surpasses rival OpenAI's valuation of US$852 billion from March. The company's revenue is growing rapidly, with preliminary second-quarter revenue over US$11.5 billion, compared to US$787 million in the corresponding period in 2025. Its run rate hit US$65 billion by the end of July. However, Anthropic also faces high costs for building advanced AI systems. It reported a net loss of almost US$42 billion in 2025. The company is working with Morgan Stanley, Goldman Sachs, and JPMorgan Chase on the IPO. This news shows the significant financial activity and rapid growth within the artificial intelligence sector.