Anthropic’s IPO process is the dominant driver of near-term trader sentiment, with the company launching its roadshow on November 10 after filing and amending its S-1 in late October and early November. The latest terms set a $70–$78 per share range for 825 million Class A shares, implying a fully diluted valuation up to $1.4 trillion alongside a concurrent $26 billion private placement to strategic investors including Google, Nvidia, and Microsoft. Revenue has scaled rapidly, reaching an $81 billion annualized run rate by October 31 with third-quarter sales of $17 billion, though net losses remain elevated largely from non-cash valuation adjustments and the firm carries over $800 billion in long-term compute commitments. Pricing is scheduled for November 18 with Nasdaq trading under ticker ANT expected to begin November 19, ahead of the Thanksgiving holiday, positioning the debut as a direct test of AI-sector appetite amid recent volatility in related equities.
This market will resolve to "Yes" if Anthropic shares are listed on a public securities exchange and open for trading by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No." If Anthropic is acquired by another company that is already public, this market will immediately resolve to "No." The primary resolution source for this market is official filings and announcements from Anthropic and the relevant securities exchange on which the shares are listed, including SEC filings (e.g., Form S-1, Form 8-A), exchange listing confirmations, and official press releases from Anthropic; however a consensus of credible reporting may also be used.