Bloomberg: Anthropic IPO About Six Times Oversubscribed, With Up to $90.4 Billion in Combined Offerings Set to Be the Largest Debut Ever
Bloomberg News reported on November 12, citing people familiar with the matter, that the initial public offering of super intelligence (SI) company Anthropic has drawn orders for roughly six times the number of shares available. The company plans to sell 825 million Class A shares at $70 to $78 each, raising up to about $64.4 billion in the public offering, alongside a concurrent private placement of $26 billion. Combined, the two offerings could raise as much as $90.4 billion, which would eclipse SpaceX's debut as the largest first-time share sale on record.
At the top of the price range, Anthropic's fully diluted valuation target is about $1.4 trillion, below the roughly $1.5 trillion to $1.6 trillion investors had expected a week earlier. Goldman Sachs and Morgan Stanley are leading the offering, with 20 other banks in the syndicate. Bankers have told investors that existing backers will be prioritized, so some new investors may receive smaller allocations than they ordered.
The people familiar with the matter cautioned that details, including the level of demand, could still change before pricing, and Anthropic has not confirmed a final oversubscription figure. The shares are expected to trade on the Nasdaq Global Select Market under the symbol ANT, with pricing reported for November 18 and first trading for November 19, neither of which is final.
Anthropic's registration statement filed with the U.S. Securities and Exchange Commission reported an annualized revenue run rate of about $81 billion as of October 31, up from about $71 billion at the end of September and about $65 billion at the end of July. The company defines the metric as annualized consumption-based fees over a trailing 28 days plus one month of subscription fees, and it is a snapshot, not a forecast. Nvidia has reportedly agreed to buy about $10 billion of Anthropic shares in the private placement.
Source: Bloomberg
Published by GSM · USA (original Chinese edition)
Photo: 图：Anthropic 公司标识（公共领域）。 / The Anthropic logo. (Public domain)
