Feed Community

Anthropic wants to raise up to $64.4 billion in its IPO, with a lower valuation

Nvidia has lost its CEO, and now it's Anthropic's week. But markets will return to $NVDA on Tuesday for earnings. Those won't be affected by Huang's departure for now. The quarter had already closed long before that.

Now, on to $ANT:

The company and its founders want to raise up to $64.4 billion in the IPO and another $26 billion in a private placement. Combined, this would be the largest public listing in history, bigger than SpaceX's IPO $SPCX.

Anthropic is targeting a Nasdaq listing under the ticker $ANT, with a fully diluted valuation of around $1.4 trillion. Goldman Sachs $GS and Morgan Stanley $MS are leading the offering, along with 20 other banks.

As you may have noticed, the valuation is lower than the $2 trillion expected just a few weeks ago.

Existing investors will get priority in the share allocation, so new investors may receive smaller stakes than they expect. Nvidia $NVDA has committed to buying around $10 billion worth of shares in the private placement.

A community member's personal view, not investment advice. Community Guidelines

No Comments
Be the first to share your thoughts.

We use essential cookies to run the website and optional analytics cookies to measure usage.

Privacy policy