Anthropic Plans IPO Share Sale of Up to $64.35 Billion

Anthropic's proposed IPO could raise up to $64.35 billion through 825 million shares, with a separate $26 billion private placement adding to the planned financing.

The draft prospectus gives an indicative price range of $70 to $78 a share. At $70, the share sale would raise $57.75 billion; at $78, it would raise $64.35 billion. Those figures reflect the proposed 825 million shares priced at each end of the stated range.

Anthropic also plans a $26 billion private placement alongside the IPO. The two transactions would total $83.75 billion to $90.35 billion, depending on the public offering's final price. The private component would make up roughly 29% to 31% of the combined financing under the stated terms.

Together, the planned transactions would bring in more than the IPO proceeds alone while keeping the public offering and private placement as separate parts of the financing. The $70-to-$78 range is indicative, leaving final IPO proceeds dependent on the price set for the public shares.