Anthropic IPO: 5 Key Factors in Pricing and Trading
Anthropic's initial public offering is set to price on November 18, with the deal potentially raising up to $90.4 billion and valuing the company at up to $1.4 trillion, cementing the first listing for a frontier AI model maker. The IPO's price range is set at $70 to $78 per share, and the deal is already multiple times oversubscribed. Marketing efforts include Goldman Sachs projecting revenue of $685 billion by 2030 and a live-streamed chat between JPMorgan CEO Jamie Dimon and Anthropic CEO Dario Amodei. Trading is expected to begin on the Nasdaq around midday on November 19. The company may consider increasing the deal size, though market volatility and Nvidia's earnings on November 17 could influence final pricing decisions.