Anthropic has launched its Nasdaq IPO roadshow, setting a price range of $70–$78 per share and offering 825 million Class A shares. It is targeting a valuation of about $1.3 trillion and plans to raise up to $64.35 billion in the public offering. The company also agreed to privately sell $26 billion in non-voting stock to investors including Google, Nvidia, and Microsoft, as part of a plan to raise up to $90.4 billion through the IPO and private placement. Trading is scheduled to begin on November 19, 2026.
The IPO could raise more than $61 billion at the midpoint of the price range, testing investor appetite for AI companies amid slower revenue growth and a lack of profits.
Read the full storyThe proposed price range is $70 to $78 a share, as the offering tests investor appetite for AI growth amid heavy losses and infrastructure commitments.
The proposed offering includes 825 million shares priced between $70 and $78, alongside a concurrent $26 billion private placement, amid substantial losses and divergent valuations.