Anthropic announced on November 10, 2026, that it had begun meeting potential investors for an IPO and set a price range of $70 to $78 for 825 million Class A securities. The offering could total about $64.4 billion at the top of the range, but its registration statement is not yet effective. Anthropic cannot sell shares or accept purchase orders until the approval process is complete.
Anthropic plans to sell about 801.4 million shares, with existing shareholders selling another 23.6 million. Bloomberg reported that the company also expects to raise $26 billion in a private placement; together, the two deals could raise up to $90.4 billion and value Anthropic at approximately $1.4 trillion.