Filed confidential S-1 with the SEC on June 1. Targeting Nasdaq listing as early as October 2026 .Last private round valued it at $965 billion in May. Investors and bankers now talking $2 trillion or more at IPO. Annualized revenue run-rate already past $65 billion by July.
This is the purest bet on the AI boom still left in private hands. Anthropic is sprinting to go public before OpenAI and before any serious market chill hits.
Main force is pure revenue explosion and FOMO. If the numbers hold, it will be the biggest IPO ever and rewrite every valuation model on the street.
Anthropic could be worth $2 trillion when it goes public
As Anthropic targets a $2 trillion IPO that could set records—and even eclipse SpaceX—the blockbuster valuation is expected to create an unprecedented amount of wealth for the AI company’s more than 2,500 employees.
But that potential multimillion-dollar employee windfall appears to be raising concern among company leaders. Anthropic is reportedly now asking job candidates during culture interviews how they would feel if the company someday abandoned its AI ambitions for safety reasons—and that decision caused its stock to fall to zero, according to Axios.
“I was honest and said no, I would not be happy if the stock went to 0,” one candidate, who discussed the interview process on the anonymous workplace site Blind, said. “I would want to align doing the most good and remaining ethical while building a sustaining business.”
Anthropic CEO Dario Amodei, who has an estimated net worth of $15.5 billion, has reportedly expressed concerns about the way the company’s enormous financial incentives could affect its ability to retain employees who are genuinely committed to its mission. Anthropic, a public benefit corporation, has long sought to distinguish itself from competition like OpenAI through a broader focus on AI safety and the “long-term benefit of humanity.”