As Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its projected revenue growth, expected to soar by 2028. This outlook is crucial, leading investors to utilize enterprise value-to-revenue multiples derived from forecasted figures. Benchmarking against industry players like Palantir and SpaceX highlights both the promising future and the infrastructural challenges facing Anthropic.

Half a dozen of the company’s backers said rapidly rising revenue would enable it to more than double its current valuation in a planned October float.

Investors expect Anthropic to be valued at $2trn or more in its upcoming IPO, doubling its initial aim of $1trn and dwarfing SpaceX.

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startups revenue continues to…

Rapid revenue growth fuels hope Claude maker's IPO is the biggest listing in history...