Business & Finance · November 11, 2026
Jim Cramer says Anthropic's explosive growth could justify a record-breaking IPO
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Anthropic is preparing for an initial public offering on November 18, with shares expected to trade on the Nasdaq the following day. The AI startup, developer of the Claude model, is targeting a share price between $70 and $78. This price range could value the company at approximately $1.4 trillion on a fully diluted basis. While the valuation is historically high, it falls below some earlier projections of $2 trillion. The company aims to use the capital to fund computing capacity for frontier AI models, and its recent financial filings show significant revenue growth, reporting $33.2 billion for the first nine months of 2026.
Read the original coverage
Breaking Down Anthropic's $1.4 Trillion IPO Valuation
Read at Bloomberg ↗- FortuneFinancial
Anthropic's lower-than-expected IPO valuation might not top SpaceX, but it's a 'smart' strategy, experts say | Fortune
Read at Fortune ↗ - CNBCMainstream
Jim Cramer says Anthropic's explosive growth could justify a record-breaking IPO
Read at CNBC ↗
Reported by multiple outlets
- Anthropic is planning its IPO for November 18.
- The expected share price range is between $70 and $78.
- The target fully diluted valuation is approximately $1.4 trillion.
- Shares will trade on the Nasdaq under the ticker ANT.
- The company will begin trading on November 19.
Reported by only some outlets
- Anthropic plans to offer 825 million shares.
- The company reported $33.2 billion in revenue during the first nine months of 2026.
- A separate $26 billion private placement involves Nvidia and Alphabet.
- Anthropic has seen 47% sequential growth according to Jim Cramer.
- SpaceX currently holds the record for the largest IPO with a $1.77 trillion valuation.
Industry-friendly coverage frames it as…
emphasize the massive scale of the capital raise, the company's explosive revenue growth, and the strategic advantages of conservative pricing to ensure a successful market debut
Skeptical / consumer coverage frames it as…
characterize the valuation as a 'disappointment' relative to previous $2 trillion rumors and highlight investor nervousness surrounding the AI trade
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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.