DECRYPT · 2026-11-10 14:06 UTC

Anthropic Sets IPO Price Range at $70 to $78, Valuing Company at Up to $1.4 Trillion

Anthropic set an IPO price range of $70 to $78 per share, selling 825 million Class A shares on Nasdaq under the ticker ANT, with pricing expected November 18 and trading November 19. At the top of the range the offering would raise about $64.4 billion, implying a market value of roughly $916 billion to $1.02 trillion, or up to $1.405 trillion fully diluted. Seven AI computing suppliers, including Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC, agreed to buy a combined $26 billion of non-voting Class N stock at the IPO price, and the order book is reportedly already covered at the…

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