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[BUSINESS] · United States · 14 sources

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Anthropic targets $2 trillion IPO valuation with $30 trillion market estimate

Anthropic is preparing for a potential initial public offering (IPO) that could become one of the largest in history. The company is reportedly targeting a valuation between $2 trillion and $3 trillion, potentially surpassing the recent market impact of SpaceX.

To support this valuation, Anthropic is expected to present investors with a total addressable market (TAM) exceeding $30 trillion. This figure is derived from the economic value of all tasks that could theoretically be completed using AI models, rather than traditional software revenue. This estimate significantly exceeds the $28.5 trillion TAM previously cited by SpaceX.

Financial reports indicate rapid growth for the company. Anthropic's second-quarter revenue reached $11.6 billion, and the company projects annual revenues between $190 billion and $200 billion by 2028. The company may seek to raise up to $100 billion during its listing, which is expected to occur as early as September or October.

Entities

Anthropic · Dario Amodei · FactSet · OpenAI · SpaceX · Uber · Uber Technologies · Wall Street Journal

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about 5 hours ago
about 7 hours ago