Anthropic IPO demand far exceeds available shares

Demand for Anthropic's initial public offering has significantly exceeded the number of shares available, according to Bloomberg, signaling strong investor appetite for what could become the largest IPO in history. The oversubscription was driven by large anchor orders from potential investors, though offer details remain subject to change. Anthropic aims to raise up to $90.4 billion through the IPO and a simultaneous private placement, which combined would surpass SpaceX's planned offering. Anthropic targets a fully diluted valuation of approximately $1.4 trillion, with the relatively cautious initial pricing potentially allowing room for increases if demand persists. The company plans a live-streamed event Friday featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon, while some existing investors are marketing portions of their allocations, highlighting potential selling pressure risks. Goldman Sachs and Morgan Stanley lead the offering, with Anthropic set to list on the Nasdaq under the ticker ANT.