Anthropic IPO buyers see valuation as low as $1.1T
The gist
Potential Anthropic IPO investors now see fair value near $1.4 trillion to $1.5 trillion, below earlier hopes.
The AI selloff is testing demand for the year's biggest listing.
How it unfolded
- Oct 25, 2026Prediction-market odds put the $1.1 trillion valuation band at 97% and $1.25 trillion at 92.5%, while $1.5 trillion traded at 73.5%.
- Nov 5, 2026Reuters reported potential investors were raising doubts about whether Anthropic could proceed with its planned roadshow the following week in time for a November listing; the Wall Street Journal reported skepticism over a $1.5 trillion valuation.
- Nov 6, 2026Investors' fair-value estimates, previously around $1.4 trillion to $1.5 trillion, shifted again after the Nasdaq 100 plunged 6.4% on Thursday, wiping out $2.3 trillion in market value, a record for a single day.
Key terms
- S-1 filing
- A registration statement filed with the SEC by a company planning to go public.
- Nasdaq 100
- A stock market index of 100 of the largest non-financial companies listed on the Nasdaq exchange.
Source: Wikipedia