Anthropic PBC is preparing for a potential record-breaking IPO that could exceed the valuation of SpaceX.
Anthropic PBC is preparing to go public with a potential initial public offering that could reach a valuation of approximately $2 trillion. The company, known for developing the Claude AI model, is expected to file publicly as soon as the end of this month. This debut is projected to be one of the largest IPOs on record, potentially surpassing the $86.2 billion raised by Elon Musk's SpaceX during its first-time share sale. Chief Financial Officer Krishna Rao has led preliminary meetings with investors to address competition and the high costs of building advanced AI systems. While the company has seen a significant increase in revenue, it faces risks from public opposition to data center construction. A Gallup survey indicates that 70% of Americans oppose data center development in their local areas. To manage these costs, Anthropic PBC is working with major banks like Morgan Stanley and Goldman Sachs Group Inc. to finalize its public debut. The company is also considering super-voting shares to grant its co-founders, including Chief Executive Officer Dario Amodei, greater control over the company's future.