Anthropic Plans Historic $2 Trillion IPO in October, Surpassing SpaceX Valuation

Anthropic, a leading artificial intelligence company, is preparing for an initial public offering (IPO) in October with a targeted valuation of approximately $2 trillion, according to a Financial Times report. This planned IPO would be the largest in history, surpassing the valuation of Elon Musk's SpaceX. The company is also in negotiations to acquire the Israeli startup Decart AI.

Investors close to Anthropic expect the company's annual revenue to reach between $100 billion and $120 billion by the end of this year. However, the terms of the IPO are still in early discussions, and the official valuation has not yet been finalized by Anthropic's management.

The timing of the IPO coincides with a strong period in financial markets, highlighted by a robust second-quarter earnings season on Wall Street where approximately 77% of companies exceeded earnings per share estimates, well above the decade average of 67%. This positive market environment supports technology firms seeking to raise capital publicly.

Anthropic's valuation reflects high expectations for the artificial intelligence sector, particularly the "compute" segment involving chips and power that drive AI advancements. Experts predict this market could reach a $10 trillion valuation by 2030, with its financial derivatives market expanding significantly. Despite the optimism, the technology sector is already seeing shifts in employment trends, with many IT service companies reducing hiring and decoupling revenue growth from job creation.

The upcoming IPO will test whether Anthropic can meet investor expectations and set new records in the capital markets.