Anthropic IPO faces pushback over $1.5 trillion valuation
Original title: Anthropic's $1.5 trillion IPO hits resistance as investors balk at valuation
Potential backers doubt next week's roadshow can start, and one investor reportedly suggested $1 trillion instead.
Anthropic's planned IPO is meeting resistance as investors question a $1.5 trillion valuation amid a tech selloff. According to Reuters, potential backers doubt the roadshow can begin next week as scheduled. The company had eyed up to $2 trillion in September, but investors cite ongoing losses, infrastructure spending, and missing October revenue in the updated S-1. Ballot measures limiting data-center expansion and IPO-investor skepticism could push a delay of an offering some estimates put at up to $100 billion.
Unconfirmed: Roadshow timing, the $1 trillion figure, and offering size are reported claims, not confirmed company statements.
- As recently as September, Anthropic eyed a valuation of up to $2 trillion.
- One investor reportedly floated a valuation of just $1 trillion.
- October revenue figures are missing from the updated S-1 filing.
- Data-center ballot measures passed in several states after midterm elections.
- Some estimates put the offering size at up to $100 billion.
From the original article
1 min read at the-decoder.com
Anthropic's IPO is in trouble as investors push back on the $1. 5 trillion valuation and the tech market sells off. The article Anthropic's $1.
By Maximilian Schreiner · the-decoder.com
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