---
title: "Anthropic Sets IPO Price: Two Trillion Valuation Adjusted to $1.4 Trillion"
description: "Anthropic has filed an updated IPO prospectus with the SEC: Class A shares are to be offered at $70–78, with the company's valuation reaching up to $1.4 trillion including options. Trading on Nasdaq under ticker ANT is possible on November 19–20."
date: 2026-11-10T18:29:49.373Z
lang: en
url: https://xab.info/en/posts/anthropic-ipo-share-price-1-4-trillion
tags: [anthropic, ipo, claude, ai, nasdaq, sec]
author: "Darya Fomina"
publisher: "XAB.info"
---

# Anthropic Sets IPO Price: Two Trillion Valuation Adjusted to $1.4 Trillion

![Minimalist logo of the company Anthropic printed in black font on a light background.](https://xab.info/media/2026/11/10/anthropic-ipo-cena-akcij-1-4-trln/anthropic-ipo-cena-akcij-1-4-trln-1.webp)

## Key Points

- Anthropic set an initial IPO price range of $70–78 per Class A share; at the high end, the public offering volume is approximately $64.4 billion.
- The company's valuation, including employee options and other instruments, may approach $1.4 trillion, while "clean" capitalization at the high end is around $1.02 trillion.
- The company plans a $26 billion private placement of Class N shares involving Google, Nvidia, AMD, Broadcom, Micron, Microsoft, and TSMC; totaling up to $90.4 billion.
- Shares will be listed on Nasdaq under the ticker ANT; according to The Verge, initial trading could occur on November 19 or 20, though an official date is pending.

Anthropic, the developer of the Claude language model, has set an initial price range for its public market debut: between $70 and $78 per share. An updated prospectus has been filed with the U.S. Securities and Exchange Commission (SEC). At the upper end of the range, the total value of publicly offered securities will be approximately $64.4 billion, and the company's valuation, accounting for a potential increase in share count, could approach $1.4 trillion.

### Offering Structure

Investors will be offered 825 million Class A shares. Of these, approximately 801.4 million will be issued by the company itself, while another 23.6 million will be sold by existing shareholders—Anthropic will not receive proceeds from this portion. Concurrently, the Claude developer intends to raise $26 billion through a private placement of Class N shares, which, according to the prospectus, Google, Nvidia, AMD, Broadcom, Micron, Microsoft, and TSMC have agreed to participate in. The total volume of the public and private placements could reach $90.4 billion.

### How the Valuation Was Calculated

The $1.4 trillion figure accounts not only for outstanding shares but also for employee stock options and other instruments that could increase the total share count. Without this calculation, the market capitalization at the top of the price range is approximately $1.02 trillion. This methodology explains the difference between the "clean" market value and the final valuation presented to investors.

### From Two Trillions to 1.4

The new terms differ significantly from the preliminary version, which Anthropic withdrew after sending it to investment banks: at that time, it concerned the sale of approximately 867 million shares at a price of up to $80 each. The company later admitted that pricing information in that document was erroneous and promised to provide corrected data. Back in October, investors discussed the possibility of an Anthropic valuation at $2 trillion; however, against the backdrop of falling tech stocks and concerns over the scale of AI infrastructure spending, expectations have been adjusted downward.

### Public Benefit Fund

In addition to the IPO's financial parameters, the company announced the creation of the Anthropic Public Benefit Fund, to which it plans to transfer 5% of its shares. By decision of the Board of Directors, this stake may increase: for every 50% increase in company value above the base level, the board has the right to add another 2% of shares to the fund. Anthropic emphasizes that the fund will supplement internal work on AI safety and applied research, while expanding opportunities to finance socially beneficial initiatives, including supporting individuals whose professions are being transformed by shifts in the labor market.

### When Trading Begins

Anthropic shares are planned to be listed on the Nasdaq exchange under the ticker symbol ANT. The company has already begun meetings with potential investors, which will determine the final price. According to The Verge, the first trading session could occur on November 19 or 20; the date has not yet been officially announced.

## Fact-Check & Sources

- [Anthropic определилась, почем будет продавать акции — двухтриллионное IPO сдулось до $1,4 трлн](https://3dnews.ru/1151107) - Original source: price range $70–78, 825M Class A shares, $26B private placement, valuation ~$1.4T, ticker ANT, potential trading Nov 19–20 per The Verge.
- [Anthropic определилась, почем будет продавать акции — двухтриллионное IPO сдулось до $1,4 трлн](https://3dnews.ru/1151107/anthropic-opredelilas-pochem-budet-prodavat-aktsii-dvuhtrillionnoe-ipo-sdulos-do-14-trln) - Первоисточник: ценовой диапазон $70–78, 825 млн акций класса A, частное размещение $26 млрд, оценка ~$1,4 трлн, тикер ANT, возможные торги 19–20 ноября по данным The Verge.
- [Anthropic планирует передать 5 % своих акций в фонд поддержки общественно полезных проектов](https://zn.ua/TECHNOLOGIES/anthropic-planiruet-peredat-5-svoikh-aktsij-v-fond-podderzhki-obshchestvenno-poleznykh-proektov.html) - Confirms the creation of the Anthropic Public Benefit Fund and the transfer of 5% of shares, with potential for board-approved increases.
- [Anthropic пообещала направить 5% акций в «фонд общественного блага»](https://expert.ru/news/anthropic-poobeschala-napravit-5-aktsiy-v-fond-obschestvennogo-blaga) - Confirms the establishment of the fund and the 5% share transfer; subject to shareholder approval.

## FAQ

### What is the price per share for the Anthropic IPO?

The initial range is $70–78 per Class A share; the final price will be determined following investor meetings.

### How many shares will be offered to investors?

825 million Class A shares: approximately 801.4 million issued by the company and 23.6 million sold by existing shareholders.

### What is the company's valuation and how is it calculated?

Including employee options and other instruments, the valuation could approach $1.4 trillion; without this, the capitalization at the high end is about $1.02 trillion.

### When and where will trading begin?

On the Nasdaq exchange under the ticker ANT. According to The Verge, trading may begin on November 19 or 20; no official date has been set.