Anthropic Bankers Said to Lift IPO Valuation Target to $1.5 Trillion or More
Summary
Bankers are preparing to raise Anthropic's IPO valuation to $1.5 trillion or more, according to the FT. That is up from the up-to-$1.3 trillion implied by the $70-$78 roadshow range launched Tuesday, and it sits at the top of the $1.25 trillion to $1.75 trillion band reported over the weekend. The move comes as the company aims to raise as much as $69.3 billion on roughly 867 million Class A shares, a size that would rank among the largest listings ever. A higher target means demand in the book is running ahead of the initial range, which matters for where the deal actually prices. The listing is still targeted before Thanksgiving.
This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.