Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion

In brief

Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the The New York Times. [The Verge]

The company could end up being worth a hefty $1.404 trillion if its shares list at the top of the price range, on a fully diluted basis. [TechCrunch]

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. [The Verge]

Why it matters

Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion. [TechCrunch]

Timeline

• November 10, 2026 Anthropic's nearly $70B IPO plan briefly circulated to banks Hacker News
• November 10, 2026 Anthropic launches roadshow for proposed initial public offering - Anthropic Anthropic (via Google News)
• November 10, 2026 Anthropic seeks to be valued at more than $1T Hacker News
• November 10, 2026 Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion TechCrunch AI
• November 10, 2026 Anthropic targets $1.4 trillion IPO The Verge AI