Anthropic Files for IPO After $65 Billion Round Values It at $965 Billion
Updated
Updated · The Motley Fool · Jun 4
Anthropic Files for IPO After $65 Billion Round Values It at $965 Billion
3 articles · Updated · The Motley Fool · Jun 4
Summary
$65 billion in fresh funding valued Anthropic at $965 billion, and the AI company confidentially filed for an IPO that could reach markets within months.
Anthropic said annualized revenue had reached $47 billion earlier in May and was still more than doubling, while it targets a first quarterly operating profit of $559 million on $10.9 billion in second-quarter revenue.
Those figures imply a price-to-sales ratio near 20, far below xAI and below SpaceX's implied multiple as SpaceX seeks a roughly $2 trillion IPO valuation.
SpaceX disclosed $19.3 billion in trailing revenue, 15% first-quarter growth and a $1.9 billion GAAP operating loss, underscoring the valuation gap investors may weigh as 2026's IPO wave builds.
SpaceX has rockets, Anthropic has profits. Which AI giant is the smarter long-term investment?
As AI goes public, do traditional profits matter more than speculative growth and new metrics?
Is SpaceX's record $2 trillion valuation a visionary bet or a bubble set to burst?
Anthropic Files for IPO at $965 Billion Valuation: Market Impact, Legal Hurdles, and AI Industry Shakeup
Overview
In May 2026, Anthropic confidentially filed for an IPO with the SEC, signaling its ambition to join major tech players like SpaceX and OpenAI on the public market. This move highlights the rising financial stakes in the competitive AI industry. Anthropic’s decision follows a period of remarkable growth, with more businesses adopting its advanced AI models and coding tools. The IPO process, made under Rule 135 of the Securities Act, depends on market conditions and SEC approval. Anthropic’s rapid expansion and increasing market presence set the stage for a significant impact on the evolving AI landscape.