Is Anthropic About To Delay The Biggest IPO Ever? Backers want a lower price, the November timetable is in doubt, and executives and advisers are set to meet to review the deal... Major institutional backers are pushing Anthropic to cut the $1.5 trillion valuation it had been targeting for its IPO, and one suggested pricing could fall closer to $1 trillion , the Wall Street Journal reported Thursday, after the Nasdaq Composite lost $2.5 trillion of market value in a single session.
Anthropic had aimed to raise up to $100 billion around the week before Thanksgiving, which would top SpaceX's June listing as the largest offering ever. According to the Journal, executives and advisers plan to meet in the coming days to review the IPO, and backers are debating whether to adjust the price range or push back the timeline.
With a mountain of cash on hand, the company can afford to shrink the raise or wait.