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Anthropic IPO Launch Shifts Toward Mid-October $15B Credit Facility, $2 Trillion Valuation in Focus
Anthropic has delayed its IPO marketing to mid-October, with the listing expected days before the U.S. midterm elections. The AI giant is finalizing a $15 billion credit facility and could target a valuation near $2 trillion, one of the largest IPOs ever attempted. Anthropic has pushed back the timeline for its highly anticipated initial public offering, with the AI Company now expected to begin marketing the offering in mid-October at the earliest and complete the listing days before the U.S. midterm elections in November. The company had been expected to make its IPO prospectus public as early as this week, but that filing is now not expected until late September. A $2 Trillion IPO in Focus The delay pushes back what some investors have said could be a $2 trillion listing, which would make it one of the largest IPOs ever attempted and a major test of public-market appetite for the rapidly growing AI industry. Elon Musk's SpaceX went public in June at a record $1.77 trillion valuation. Anthropic's potential valuation is being assessed on its expected growth over the next few years. Two people familiar with Anthropic's financials told Reuters that the company is forecasting rev...
