--- title: "Anthropic Prepares for One of the Largest IPOs in History: Demand Exceeds Supply Sixfold" description: "Anthropic is preparing one of the largest IPOs in history: demand for shares exceeded supply sixfold, and total offering volume could reach $90.4 billion. Trading under the ticker ANT is expected on November 19." date: 2026-11-14T12:45:59.904Z lang: en url: https://xab.info/en/posts/anthropic-ipo-demand-exceeds-supply-sixfold tags: [anthropic, ipo, nvidia, artificial-intelligence, nasdaq, stock-market] author: "Darya Fomina" publisher: "XAB.info" --- # Anthropic Prepares for One of the Largest IPOs in History: Demand Exceeds Supply Sixfold ![Abstract futuristic image featuring the Anthropic logo against tech-themed iridescent surfaces](https://xab.info/media/2026/11/14/anthropic-ipo-spros-na-aktsii-v-shest-raz-prevosil-predlozhenie/anthropic-ipo-spros-na-aktsii-v-shest-raz-prevosil-predlozhenie-1.webp) ## Key Points - Demand for Anthropic shares during IPO preparations exceeded supply by approximately six times. - Total offering volume (IPO plus private placement) could reach $90.4 billion, surpassing SpaceX. - Nvidia plans to purchase about $10 billion in shares as part of the private placement as a strategic partner. - Price determination is expected on November 18, with Nasdaq trading under ticker ANT starting November 19. AI lab Anthropic's preparations for its stock market debut have sparked tremendous investor interest: reports indicate that purchase orders for the company's shares exceeded the supply by roughly sixfold. This represents one of the largest initial public offerings in history, accompanied by high publicity and participation from the company's top management in public events. The final parameters of the offering have not yet been finalized, but it is already clear that this is a deal capable of reshaping the balance of power in the artificial intelligence capitalization market. ### Offering Scale and Investor Priorities Anthropic and some of its existing shareholders hope to sell up to $64.4 billion in shares during the IPO, while the company intends to raise another $26 billion through a concurrent private placement. Combined, this total volume could reach $90.4 billion, exceeding the amount raised when SpaceX went public. At the same time, the public offering itself will be smaller under the stated parameters: the company is prioritizing existing shareholders, bank representatives informed potential investors. Consequently, some prospective buyers may receive a smaller volume of securities than anticipated, and IPO parameters, including demand levels, may still change. ### The Strategic Role of Nvidia Nvidia is becoming a key participant in the private placement, planning to acquire about $10 billion worth of Anthropic shares. The AI lab views the chipmaker as a strategic partner: the two companies have concluded deals worth tens of billions of dollars, securing Anthropic access to advanced Nvidia hardware. Such a tie-up underscores the interdependence of computing infrastructure and large language model developers. ### Marketing and Target Valuation To further stimulate demand, Anthropic is holding a series of events for potential investors. Specifically, an online broadcast took place on November 13 featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. The company is targeting a valuation of up to $1.4 trillion — lower than values previously contemplated by investors. According to market practice, companies often set conservative parameters when launching official IPO promotion in the expectation that high demand will help drive up final figures and ensure a successful trading debut. ### Revenue and Calculation Methodology Documents published by Anthropic show continued revenue growth. As of October 31, its annualized run-rate reached $81 billion — $10 billion higher than at the end of September; at the end of July, this figure stood at $65 billion. Importantly, the company calculates this by annualizing actual service consumption fees over the past 28 days and monthly subscription revenue. This is neither actual annual revenue nor a guaranteed forecast, which should be considered when interpreting the dynamics. ### Market Mechanisms and Trading Timeline According to Bloomberg, some investors are offering other participants a portion of the expected share allocation they will receive in the IPO, hoping to profit from an additional commission and reduce their own risks even before trading begins; other pre-IPO shareholders are reselling their stakes through specially created structures. Goldman Sachs and Morgan Stanley are acting as lead underwriters, with 20 other banks participating in the process. The final offering price is expected to be determined on November 18, with trading on the Nasdaq Global Select Market under the ticker ANT beginning on November 19. ## Fact-Check & Sources - [Акций на всех не хватит: спрос на IPO Anthropic в шесть раз превысил предложение](https://3dnews.ru/1151302) - Primary source: offering volumes ($64.4B + $26B), Nvidia's role (~$10B), $81B annualized revenue as of Oct 31, underwriters (Goldman Sachs, Morgan Stanley + 20 banks), Nov 18-19 dates and ANT ticker. - [Акций на всех не хватит: спрос на IPO Anthropic в шесть раз превысил предложение](https://3dnews.ru/1151302/aktsiy-na-vseh-ne-hvatit-spros-na-ipo-anthropic-v-shest-raz-previsil-predlogenie) - Первоисточник: объёмы размещения ($64,4 млрд + $26 млрд), роль Nvidia (~$10 млрд), выручка $81 млрд в годовом выражении на 31 октября, организаторы (Goldman Sachs, Morgan Stanley + 20 банков), даты 18–19 ноября и тикер ANT. - [Anthropic подала заявку на IPO и предупредила о катастрофических рисках ИИ](https://fomag.ru/news/anthropic-podala-zayavku-na-ipo-i-predupredila-o-katastroficheskikh-riskakh-ii/) - Confirms the IPO filing (Oct 26), Nasdaq listing under ticker ANT, and the syndicate of underwriters. - [IPO Anthropic и OpenAI могут спровоцировать продажи акций](https://ru.investing.com/news/stock-market-news/article-3377763) - Подтверждено по источнику ru.investing.com ## FAQ ### What is the total amount of funds Anthropic could raise upon going public? Up to $64.4 billion through the public offering and another $26 billion via a concurrent private placement, totaling up to $90.4 billion. ### When will trading in Anthropic shares begin? The final offering price is expected to be determined on November 18, and trading on the Nasdaq Global Select Market under the ticker ANT will begin on November 19. ### Is the $81 billion revenue figure actual annual revenue? No. It is an annualized figure derived by annualizing actual service consumption fees from the past 28 days and monthly subscription revenue; the company explicitly points out this is not actual annual revenue or a guaranteed forecast.