Anthropic lowers IPO valuation target to $1.33 trillion from earlier $2 trillion plan
Anthropic is now targeting a valuation of roughly $1.33 trillion for its Nasdaq listing, down from a $1.5 trillion figure discussed last week and about $2 trillion floated months earlier, according to The Wall Street Journal. The company plans to sell 825 million shares priced at $70-$78, raising over $61 billion, with Google and AMD among investors adding another $26 billion. Shares are set to begin trading under the ticker 'ANT' next Thursday.
GoKawiil's interpretation of the reporting above, not reported fact.
The reduced target suggests investors grew more cautious after last week's broader AI stock selloff, which may reflect cooling enthusiasm for lofty AI valuations generally. Even at a lower price, Anthropic's seven founders are each selling about $250 million in stock while retaining stakes worth roughly $18 billion, and their controlling LLC keeps majority voting power despite owning only about 22% of shares outright. This structure could let founders retain firm control even as outside capital floods in.
- Anthropic's IPO valuation target dropped to about $1.33 trillion from $2 trillion previously discussed.
- The company aims to raise over $61 billion from share sales, plus $26 billion more from investors like Google and AMD.
- Founders, including Dario and Daniela Amodei, will each hold stakes worth about $18 billion while retaining majority voting control via an LLC.
Source: entrepreneur.com — Jonathan Small, 2026-11-11
Published there as: “Anthropic Cut Its IPO Target by Hundreds of Billions — Here’s How Much Its Founders Will Now Likely Pocket”
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