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Anthropic Sets IPO Range of $70 to $78 per Share, Implying $1.404 Trillion Value

Anthropic priced its IPO at $70 to $78 per share. At the top of the range, the company would be worth $1.404 trillion on a fully diluted basis.

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Anthropic has set an IPO price range of $70 to $78 per share. If shares list at the top of that range, the implied valuation is $1.404 trillion on a fully diluted basis. Anthropic confirmed that the IPO could be one of the biggest ever, even though it falls short of previous expectations.

All seven Anthropic co-founders plan to sell exactly the same number of shares. At the midpoint of the price range, that would bring each of them about $250 million in cash. The group would still keep control of the company.

Why it matters: A listing at this scale shows how much capital markets now attach to frontier AI labs.

What builders should know

  • The range is $70 to $78 per share, with the top end implying $1.404 trillion.
  • The seven co-founders sell equal share counts and keep control.
  • Anthropic is also expanding its product footprint, as another story today shows.

Sources: The Verge · TechCrunch