Anthropic may pursue a public offering valued at $2 trillion as early as October, potentially becoming the largest IPO in history. Investors project the AI company will generate annualized revenue between $100 billion and $120 billion by the end of 2026—a more than tenfold increase from early 2024 levels.
The valuation would surpass SpaceX's $1.77 trillion valuation by 13% and would alone equal nearly double the combined market value of all companies listed on B3, Brazil's stock exchange. This trajectory reflects explosive growth expectations in the artificial intelligence sector and Anthropic's position as a leading developer of large language models and AI systems.