Morgan Stanley, Goldman Sachs Lead Anthropic IPO as SpaceX Fees Could Reach $500 Million
Updated
Updated · Bloomberg · Jun 4
Morgan Stanley, Goldman Sachs Lead Anthropic IPO as SpaceX Fees Could Reach $500 Million
3 articles · Updated · Bloomberg · Jun 4
Summary
Anthropic handed Morgan Stanley and Goldman Sachs the lead roles on its IPO, giving both banks a marquee AI mandate where prestige is seen as more valuable than underwriting fees.
Up to $500 million in fees could also be at stake on a future SpaceX listing, even after Elon Musk pushed bankers to cut their compensation, underscoring how lucrative top IPO assignments remain.
JPMorgan is also on the Anthropic deal, which positions the Claude maker in the race with OpenAI to become the first major AI company to go public.
The win stands out as bankers at Bloomberg’s Global Credit Forum warned that older private loans are souring, defaults may rise and investors are growing wary of a potential glut of AI-linked debt.