Market
Anthropic still aims to list before Thanksgiving, the Financial Times reports: a raise of $80 billion to $100 billion at $1.25 to $1.75 trillion, none of it in the filing
The FT reports Anthropic still plans a pre-Thanksgiving IPO raising $80-100B. The range comes from investors, not the filing, and timing is uncertain.
The Financial Times reported on November 6, 2026, citing more than half a dozen investors, that Anthropic still plans to go public before US Thanksgiving despite the tech sell-off, expecting to raise $80 billion to $100 billion at a valuation of $1.25 to $1.75 trillion. Two framing points matter. The figures are press-reported expectations, not terms Anthropic has published: the amended filing leaves the price range blank. And the money is not raised yet. Disclosure: Anthropic makes Claude, which helps draft articles on this site.
The essentials
- What was reported: the FT says Anthropic is pressing ahead with a listing before Thanksgiving (November 26), targeting $80-100 billion raised at $1.25-1.75 trillion.
- What is official: Anthropic filed publicly on October 26 and amended on November 2; the planned ticker is ANT on the Nasdaq. The price range and share count are blank, and no date is announced.
- Where investors disagree: one investor expects a conservative price near $1.5 trillion, others closer to $1.3 trillion; the Wall Street Journal reported pushes for under $1.5 trillion and talk of a delay or smaller raise.
- Timing risk: after the November 5 sell-off, Reuters, as relayed by CryptoTicker, said the roadshow might struggle to start the week of November 9. No delay has been announced.
What the filing does and does not say
The amended prospectus reports third-quarter revenue of nearly $17 billion, up almost 50 percent according to Dealroom's summary, and large infrastructure commitments. It does not contain the offering size or valuation. The roughly $81 billion annualized run rate cited by the FT is, by its own account, not in the prospectus. Anthropic's last private valuation was $965 billion in May.
Why the numbers keep moving
Reports have ranged from $1 trillion to $2 trillion in recent weeks, and prediction-market brackets shifted in the same period. Until a price range is filed and the registration is effective, any figure is an expectation that can change with markets. The Nasdaq 100 fell 6.4 percent on Thursday, per Dealroom.
What is not established
- Price range, share count, listing date: not published.
- Final valuation: unknown; reports span $1 to $2 trillion.
- Whether the roadshow starts the week of November 9: uncertain per Reuters.
- Whether the FT figure of $80-100 billion survives a smaller raise: open.
Summary table
| Point | What is stated as of November 7, 2026 | Source |
|---|---|---|
| Reported raise | $80-100 billion (FT, from investors) | Dealroom |
| Reported valuation | $1.25-1.75 trillion (FT) | Dealroom |
| Filing status | S-1/A with price range blank | FourWeekMBA |
| Timing | Before Thanksgiving, November 26; Reuters flags possible slippage | CryptoTicker |
| Last private valuation | $965 billion (May 2026) | MLQ.ai |
FAQ
Has Anthropic confirmed the IPO date?
No. The date, price range and share count are not published; the plan comes from press reports.
Has Anthropic raised $80-100 billion?
No. That is the reported target of the offering, not money already raised.
Where do the figures come from?
From the Financial Times, citing investors, as relayed by Dealroom and others. They are not in the filing.
Method and limits
Sources checked on November 7, 2026. We read relays and aggregators, not the FT, Reuters, WSJ or the SEC filings directly. Disclosure: Anthropic makes Claude, which helps draft articles on this site. This is not investment advice.
Sources
- Dealroom: Anthropic presses ahead with a pre-Thanksgiving IPO, targeting $80B-$100B at $1.25T to $1.75T, FT reports (verified 2026-11-07)
- FourWeekMBA: Anthropic's IPO Map: Price Range, Buyers, Odds and Risks (verified 2026-11-07)
- CryptoTicker: Buy Anthropic stock (verified 2026-11-07)
- MLQ.ai: Anthropic expected to start its IPO roadshow next week as investors talk valuations below $1.5 trillion (verified 2026-11-07)
- ChainCatcher: Anthropic still plans to launch its IPO before Thanksgiving (verified 2026-11-07)
- FinanceFeeds: Anthropic IPO roadshow looms with no price range (verified 2026-11-07)
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