Technology

Story: Anthropic Files Confidential S-1 as $965 Billion Valuation Fuels Historic IPO Race

By Sydney TheCMO

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SpaceX and OpenAI Already in Motion. Anthropic isn't first. SpaceX filed a public S-1 on May 20, targeting a Nasdaq listing with an…

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Anthropic's Compute Commitments and Big-Tech Ties. One number that keeps jumping out of Anthropic's financial picture: $1.25 billion per month.

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What the IPO Wave Means for AI Markets. There's a broader shift happening here. For years, the most exciting AI companies stayed private,…

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Anthropic filed a confidential S-1 with the SEC on June 1, 2026. That's not a drill — the Claude maker is officially in the IPO queue, right alongside SpaceX and OpenAI, and the…

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The filing came under Rule 135 of the Securities Act of 1933, which gives Anthropic breathing room to move forward once the SEC finishes its review. Share count and price?

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Anthropic isn't first. SpaceX filed a public S-1 on May 20, targeting a Nasdaq listing with an expected valuation somewhere between $1.75 trillion and $1.8 trillion.

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For investors, the appeal is obvious. Exposure to AI and space tech at this scale simply hasn't been available in public markets before.

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Partnerships with Amazon and Google round out the picture. Both tech giants have made substantial commitments to Anthropic, backing it with cloud infrastructure and investment…

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The compute deal with SpaceX, the Amazon and Google partnerships, the $47 billion revenue run-rate — none of that happened overnight.

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Related: FCA Opens Smaller Business Panel to General Insurance and Consumer Credit Firms

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Or maybe that it can't wait much longer.

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There's a broader shift happening here. For years, the most exciting AI companies stayed private, raising enormous rounds from venture capital and sovereign wealth funds while…

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And it changes the accountability structure entirely. Private companies can miss targets quietly. Public companies can't.

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SpaceX's roadshow is approaching. Anthropic and OpenAI are advancing toward their own listings.

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Unclear yet whether any of them will hit their target valuations when shares actually price.

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