Anthropic IPO Odds Slip Below 60% as Tech Selloff Cuts Target Valuation to $1.5T-$1.6T
Summary
Prediction-market bettors on Kalshi now put Anthropic's chances of listing this year below 60%, down from nearly 90% before the midterms, and see virtually no IPO before the end of November, though most still expect the listing within a few months. The bigger shift is price: investors are pushing for a $1.5 trillion to $1.6 trillion valuation, down from figures closer to $2 trillion earlier, according to the Journal. A broad tech selloff is the backdrop, and it lands just as Anthropic was preparing to start marketing the deal the week of November 9. The gap between what investors will pay and earlier expectations is the thing that matters — a repriced deal changes the math for the whole listing.
This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.