Anthropic IPO delayed to before US midterms, targeting $2 trillion valuation

Anthropic IPO 推迟至中期选举前，最早 10 月中旬启动路演，目标估值 2 万亿美元

Reuters reports Anthropic pushed its IPO roadshow to mid-October at the earliest, aiming to list days before the November US midterms. The S-1 filing is now delayed to late September. Some investors expect a valuation as high as $2 trillion, which would top SpaceX's $1.77 trillion record from June 2026. The target raise is $100 billion, 1.16× SpaceX's $86.2 billion. On the financial side, annualized revenue has passed $65 billion, Q2 revenue exceeded $11.5 billion, and adjusted operating profit is already positive—a first among top AI labs. Caveat: the $2 trillion figure is an investor expectation, not a confirmed price, and the post doesn't disclose the revenue multiple or profit basis behind it.

Why it matters: The Anthropic IPO is the most significant capital event in AI this year. Reuters' exclusive reveals the delayed timeline and a $2T valuation target that would break SpaceX's listing record. All three HKR dimensions hit — this is industry-shaking news.