Anthropic to push ahead with IPO despite valuation cut; new account on prediction market goes all in on its listing date

According to PolyBeats monitoring, the Financial Times cited people familiar with the matter on November 7 as saying that despite the tech stock decline, Anthropic still plans to complete its IPO before U.S. Thanksgiving, which is November 26. Multiple secondary reports said investors stated that CEO Dario Amodei intends to push ahead with the listing even if the valuation is cut.

On the prediction market Polymarket, the probability of "Anthropic IPO before the end of November 17" is 12.2%; the probability of "IPO before the end of November 24" is 71%. A new account, goateedub, bought $1.0k of "Yes" on "IPO before the end of November 17."

Anthropic's official website announcement said the company has submitted an S-1 for a proposed IPO under the ticker "ANT." Both SBS and Financial News relayed the Financial Times report of November 7: Anthropic intends to complete its IPO before November 26, with a fundraising size of approximately $80 billion to $100 billion and a valuation of approximately $1.25 trillion to $1.75 trillion, lower than the previously circulating figure of close to $2 trillion.

The investors' remarks also came from these secondary reports. One major investor said the company would start with conservative pricing at about $1.5 trillion and then raise the valuation later. Another institutional investor sees about $1.3 trillion. Investors said Amodei intends to push ahead with the listing even if the valuation declines. One early investor said the IPO is just one milestone in the overall process and should be viewed as one option, like other financing methods.