Anthropic targets $64.4 billion IPO, nearing SpaceX’s record

Anthropic targets $64.4 billion IPO, nearing SpaceX’s record

At the top of the price range, Anthropic would have a market value of about $1 trillion, based on the shares outstanding listed in the filing.

Anthropic and some of its shareholders are seeking to raise as much as $64.4 billion in an initial public offering, stopping short of targeting more than SpaceX gathered in its record-setting first-time share sale.The Claude chatbot maker is marketing shares in its IPO for $70 to $78 each, according to a filing on Monday with the U.S. Securities and Exchange Commission. Anthropic is offering 801.4 million shares, while backers are selling 23.6 million shares.At the top of the price range, Anthropic would have a market value of about $1 trillion, based on the shares outstanding listed in the filing.

In brief

Anthropic and some of its shareholders are seeking to raise as much as $64.4 billion in an initial public offering, stopping short of targeting more than SpaceX gathered in its record-setting first-time share sale.The Claude chatbot maker is marketing shares in its IPO for $70 to $78 each, according to a filing on Monday with the U.S. Securities and Exchange Commission. Anthropic is offering 801.4 million shares, while backers are selling 23.6 million shares.At the top of the price range, Anthropic would have a market value of about $1 trillion, based on the shares outstanding listed in the filing.

This is the opening of the story, shared with credit to The Japan Times. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at The Japan Times ↗

Cookie settings

Choose which cookies we may use. You can change this at any time from Cookie settings in the footer. Details of each cookie are in the Cookie Policy.

Strictly necessary

Needed for sign-in, security, payments and remembering these choices. Always on.

Preferences

Remember settings such as dark mode.

Analytics & performance

Help us count visits, understand which pages, devices and countries our readers use, and measure how well the site performs – anonymous and aggregated.

Advertising & marketing

Lets advertising partners show and personalise adverts, measure impressions, clicks and visits, prevent ad fraud and pay us – this is how the free site is funded.

🔔 News notifications

Get headlines from NewsHub on this device — even when the site is closed.

You can switch this off at any time. Works on Android, Windows, Mac and Linux browsers; on iPhone/iPad add the site to your Home Screen first.