Anthropic Prices at the Top of Its Range
825 million shares at $70 to $78 would raise up to $64 billion, after an earlier draft range was withdrawn.
Anthropic began its IPO roadshow on 10 November 2026, offering 825 million Class A shares at $70 to $78, which would raise up to $64.35 billion at the top of the range. Reports put the fully diluted valuation at $1.26 trillion to $1.41 trillion, though a reading of the public float alone implies a lower figure near $1.02 trillion, with a further $26 billion in private placement. The terms followed an earlier $70 to $80 draft that was withdrawn as inaccurate within hours. On the top end, Amazon’s and Google’s combined holdings would be worth about $411 billion. Pricing is expected in the week of 16 November.
