Anthropic weighs a mid-November IPO at up to $2 trillion

Anthropic is preparing for a possible public listing as early as mid-November, moving the IPO from market speculation toward an organized process. The company has scheduled a pre-IPO investor day for October 14, and formal IPO marketing is under consideration for the week of November 9.

Prospective investors are discussing a valuation of roughly $1.8 trillion to $2 trillion as Anthropic faces renewed competition from OpenAI. That timing pushes the expected listing later than earlier forecasts, which had placed it before the U.S. midterm elections.