What Is the Anthropic IPO Valuation Now?

Anthropic‘s IPO plan is being hit by a market selloff that followed the US midterm elections. People familiar with the matter say potential investors have reassessed the valuation before the IPO, which is expected to formally start next week.
They see a reasonable range of US$1.2 trillion to US$1.3 trillion (about RM4.87 trillion to RM5.28 trillion). Some want it lower still, at US$1.1 trillion (RM4.47 trillion).
Talks are ongoing, and the final valuation has not been set.

Why Did the Anthropic IPO Valuation Drop From US$2 Trillion?
In early October, some prospective subscribers estimated Anthropic could be worth US$2 trillion (RM8.12 trillion). That would have made it one of the largest IPOs in history.
After the company released its October earnings, expectations fell to US$1.4 trillion to US$1.5 trillion (RM5.69 trillion to RM6.09 trillion).
Why Did the Nasdaq-100’s 6.4% Fall Hit Anthropic?
The Nasdaq-100 dropped 6.4% on the 5th, wiping US$2.3 trillion (RM9.34 trillion) off its market value overnight. The VIX volatility index posted its largest single-day gain since December 2024.
Democrats’ midterm win added to the pressure. Investors expect stricter regulatory review of future data centre construction, which could slow AI expansion.
Would a US$1 Trillion Valuation Calm Anthropic’s Debut?
HSBC Holdings‘ Max Kettner, chief multi-asset strategist, says US$1 trillion (RM4.06 trillion) may be a more reassuring level that lowers the risk of sharp swings after listing. He says secondary market performance matters more than a trillion-dollar headline.
He warns that a SpaceX-style pattern, with a sharp surge in the first hours followed by a rapid fall, is not ideal in the current environment.
Morningstar‘s chief stock strategist Michael Field warns that delaying the IPO could bring practical and reputational costs. He says that if markets hold at current levels, Anthropic may accept a slightly lower valuation and continue its listing plans.
What Does This Mean for Bursa Investors?
The report names no Bursa Malaysia-listed company, so there is no local stock code to track from it. It also leaves out several key IPO details:
- The exchange where Anthropic will list
- The offer price per share
- The number of shares offered and total funds raised
- The subscription period and tentative listing date
Until those details appear, the US$1 trillion to US$1.3 trillion range is the only hard number on the table. For how local IPO applications work, see IPO Investing with M+ Global.
Key Takeaways
- The Anthropic IPO valuation range is US$1.2 trillion to US$1.3 trillion (RM4.87 trillion to RM5.28 trillion), with US$1.1 trillion also floated.
- Estimates fell from US$2 trillion (RM8.12 trillion) in early October to US$1.4 trillion to US$1.5 trillion after October earnings.
- The Nasdaq-100’s 6.4% fall wiped out US$2.3 trillion (RM9.34 trillion) in one session.
- HSBC Holdings sees US$1 trillion as a calmer level, while Morningstar warns that delay carries costs.
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Disclaimer: This article is for information only and is not investment advice. Figures come from the source report and use its RM conversions. Always do your own research before making any investment decision.
Frequently Asked Questions
What is Anthropic’s IPO valuation?
Potential investors see a reasonable range of US$1.2 trillion to US$1.3 trillion (RM4.87 trillion to RM5.28 trillion). Some want US$1.1 trillion (RM4.47 trillion), and the final figure has not been set.
When will Anthropic’s IPO start?
The company is expected to formally start its IPO next week, according to the source. The report does not give a listing date or subscription period.
Why did Anthropic’s IPO valuation fall?
Estimates dropped from US$2 trillion (RM8.12 trillion) in early October to US$1.4 trillion to US$1.5 trillion after October earnings. Further pressure came after the Nasdaq-100 fell 6.4% on the 5th.
Is Anthropic listed on Bursa Malaysia?
The source does not mention a Bursa Malaysia listing for Anthropic. It also does not name the exchange where the company plans to list.
Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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