Anthropic’s $1.5 Trillion IPO Faces Investor Pushback as Tech Stocks Plunge

TLDR Investors reportedly doubt Anthropic can start its IPO roadshow in time for a November listing. Some want a valuation near $1 trillion, not the $1.5 trillion under discussion. Anthropic left October revenue blank in its updated S-1 filing. Nasdaq Composite lost $2.5 trillion in value on Thursday. Anthropic held $146.6 billion in cash on September 30. Potential investors reportedly doubt Anthropic can start its initial public offering roadshow in time for a November listing. Four people familiar with the talks told Reuters that investors want a more attractive price before they commit. BREAKING: Major investors are “increasingly skeptical” that Anthropic’s IPO can proceed at the expected valuation of $1.5 trillion after today’s market drop, per WSJ.

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