Anthropic prepares for record IPO as IT nears public listing

Anthropic is set to file its S-1 prospectus as early as this Friday, marking a significant step toward what could be the largest IPO in history. The company, which has already submitted a confidential IPO filing to the SEC in June, aims to list before November, though the exact date remains subject to market conditions. The IPO is expected to surpass SpaceX's June IPO in scale, with potential fundraising reaching up to $1 trillion and a valuation of $2 trillion. Anthropic's financials show a revenue of $163 billion in the first half of 2026, though it reported a net loss exceeding $800 billion. A source revealed that the company's third-quarter revenue hit $168 billion, surpassing the $115 billion in the second quarter, and achieved profitability on an adjusted basis. The timing of the IPO could influence other companies preparing for listings in the coming weeks. OpenAI, a key competitor, had originally planned to go public in 2026 but now expects to list in early 2027.