Report: Anthropic hopes to surpass SpaceX’s record IPO raise when it finally floats
Anthropic PBC is privately hoping its upcoming initial public offering will match or even surpass the size of SpaceX Corp.’s record-breaking IPO as it doubles down on its bid to go public ahead of rival OpenAI Group PBC.
Anonymous sources who are familiar with the artificial intelligence model maker’s plans told Bloomberg that it’s hoping to file for its IPO by the end of this month. But in recent investor briefings led by Chief Financial Officer Krisha Rao, executives refused to be drawn out on questions of a valuation.
SpaceX raised an incredible $75 billion when it went public in June, becoming the biggest public share sales of all time. However, the true number is expected to reach $86.2 billion due to a so-called overallotment option, which can be executed if shares rise shortly after trading begins.
Discussions around Anthropic’s IPO, including the size of the offering, are still ongoing and the company’s plans could change, the sources told Bloomberg. But privately, senior executives are hopeful that the company can outperform SpaceX.
