Anthropic IPO may signal AI market peak, warns Selby

Jack Selby has issued a warning that Anthropic ’s upcoming IPO could represent a peak for the AI market, potentially leading to a correction once lockup periods expire. The IPO is expected to launch on Nasdaq under the ticker “ANT,” with the company pricing shares between $70 and $78. This pricing suggests a valuation between $1.3 trillion and $1.4 trillion, lower than earlier estimates of up to $2 trillion. Selby’s comments come amid Anthropic’s staggered lockup strategy, which allows insiders to sell shares at multiple intervals post-IPO, rather than the traditional 180-day lockup period. Market participants will be closely observing Anthropic’s performance on IPO day, particularly the market cap at close. Any significant movement could be seen as a reflection of broader AI market sentiment.

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