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Anthropic’s pre-IPO perp closes at $103.93, 33% above its filed range

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Traders on Hyperliquid are pricing the Claude maker well past the $70 to $78 range in its amended S-1 Anthropic told regulators its shares should price between $70 and $78. Crypto traders took one look and offered a lot more. A pre-IPO perpetual futures contract tracking the Claude developer’s stock closed at $103.93 , about 33% above the top of the filed range. The exact gap works out to a 33.2% premium over the $78 ceiling. Anthropic submitted an amended S-1 registration statement on November 10, 2026. The document laid out an expected range of $70 to $78 per Class A share. The company plans to offer 825 million shares in total. At the high end of that range, the post-offering valuation could land close to $1 trillion.

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