- Will Anthropic’s market cap be between 0.6T and 0.9T at market close on IPO day by December 31 2027?<1¢
- Will Anthropic’s market cap be between 1.2T and 1.5T at market close on IPO day by December 31 2027?3¢
- Will Anthropic’s market cap be 1.8T or greater at market close on IPO day by December 31 2027?82¢
- Will Anthropic’s market cap be less than 0.6T at market close on IPO day by December 31 2027?<1¢
- Will Anthropic’s market cap be between 0.9T and 1.2T at market close on IPO day by December 31 2027?<1¢
- Will Anthropic’s market cap be between 1.5T and 1.8T at market close on IPO day by December 31 2027?12¢
- Will Anthropic not IPO by December 31 2027?<1¢
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Anthropic’s rapid revenue expansion—from a $9 billion run rate at the end of 2025 to $65 billion by July 2026—combined with confidential IPO preparations and banker-led briefings projecting a $2 trillion valuation, underpins the 81.5% market-implied odds for an 1.8T+ closing market cap. The company’s May $65 billion Series H round at $965 billion, outpacing OpenAI, plus internal forecasts of $190–200 billion revenue by 2028, have fueled investor confidence that public markets will assign premium multiples to its Claude large language models amid the broader AI boom. A potential filing by late August and October listing, with underwriters including Morgan Stanley, Goldman Sachs, and JPMorgan, reinforce expectations of a record-breaking debut exceeding SpaceX’s scale, though sustained losses and execution risks remain key variables for traders.