GoKawiilAnthropic files updated IPO terms targeting up to $1.4 trillion valuation
Anthropic filed updated IPO paperwork offering 825 million shares priced at $70 to $78, which could raise as much as $64.35 billion at a fully diluted valuation of $1.405 trillion. Shares are set to price Nov. 18 and begin trading the next day, alongside a separate $26 billion private placement from investors including Nvidia and Alphabet. The company reported $33.2 billion in revenue for the first nine months of 2026, up 1,206% year-over-year, with customer accounts spending over $100,000 annually rising to more than 11,900.
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CNBC's Jim Cramer argues the scale of revenue growth justifies calling this a potentially record-breaking offering, suggesting strong investor appetite could ripple positively through the broader AI and tech trade. The slowdown in quarter-over-quarter growth, from 144% in Q2 to 47% in Q3, hints that even explosive growth curves face natural deceleration as a company scales, though Cramer frames that slowing rate as still historically strong. The combined IPO and private placement total could surpass SpaceX's June IPO haul, positioning Anthropic among the largest capital raises ever.
- Anthropic's IPO could value the company at up to $1.405 trillion and raise $64.35 billion, with shares pricing Nov. 18.
- A separate $26 billion private placement from Nvidia, Alphabet and others could push total proceeds past SpaceX's IPO raise.
- Revenue grew 1,206% year-over-year to $33.2 billion in nine months, though quarterly growth slowed from 144% to 47%.
Source: cnbc.com — Alexa Lomonaco, 2026-11-10
Published there as: “Jim Cramer says Anthropic's explosive growth could justify a record-breaking IPO”
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