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The Decoder· Maximilian Schreiner·· yesterdayFeatured85

Anthropic's IPO is six times oversubscribed and on track to become the largest public offering in history

Anthropic's IPO is six times oversubscribed and on track to become the largest public offering in history

Brief overview

According to Bloomberg, Anthropic's IPO order volume reached six times the number of shares available for sale. The company and its co-founders plan to raise up to 644 billion USD through the public offering, and an additional 260 billion USD through private placement, aiming for a valuation of around 1.4 trillion USD.

Why it matters

The original text provides the over-subscription multiple, funding size, and valuation of Anthropic's IPO, allowing readers to judge the scale of this round of listing in the capital market.

Same story2 other outlets also reported this

  1. 36Kr · AI··First

    Anthropic's IPO demand exceeded several times over, planning to raise up to $90.4 billion through IPO and private financing.

  2. 36Kr · AI··+24 h 42 min

    Anthropic's IPO demand is about 6 times the size of the offering, with a planned fundraising of up to $64.4 billion.

  3. ITHome · AI··+29 h 45 min

    Anthropic's IPO demand is about 6 times: planned to raise up to $64.4 billion, aiming for a valuation of about $1.4 trillion

    Adds:Nvidia will subscribe for about 100 billion dollars.

  4. The Decoder··+40 h 10 min·Reading now

    Anthropic IPO Secures Sixfold Over-subscription, Expected to Become the Largest Public Offering in History

    Adds:The company's annual revenue reached 81 billion dollars at the end of October.

In order of publication · later reports are added as they appear · Compared by AI from each outlet’s title and summary

Article

Maximilian Schreiner

Nov 13, 2026

Anthropic is on track for the largest IPO ever, with orders exceeding available shares by a factor of six. That's according to Bloomberg. The Claude developer and its co-founders aim to raise up to $64.4 billion through the public offering and another $26 billion via a private placement, which would surpass even SpaceX's IPO. The target valuation sits at roughly $1.4 trillion, with existing investors getting priority in share allocation.

The company's financials likely fuel much of the demand. Anthropic's annualized revenue climbed to $81 billion by late October, up from $71 billion in September. Nvidia, whose investors have grown more cautious since CEO Jensen Huang was ousted over an alleged espionage scandal, is itself buying $10 billion in Anthropic stock through the private placement. Goldman Sachs and Morgan Stanley are managing the Nasdaq listing under the ticker ANT, and CEO Dario Amodei will pitch investors alongside JPMorgan CEO Jamie Dimon in a Friday livestream.

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Source: The Decoder · the-decoder.com