# Anthropic Pre-IPO Contract Quote Implies 37% Premium to IPO Range By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/54032 Published: 2026-11-11T13:46:36.000Z Updated: 2026-11-11T13:46:36.000Z Section: Investing > The contract was quoted at about $106.70 on Nov. 11, implying a $1.4 trillion listing valuation and a $1.92 trillion fully diluted valuation. A pre-IPO perpetual contract tied to Anthropic was quoted at about $106.70 at 8:37 a.m. ET (13:37 UTC) Nov. 11, roughly 37% above the top of the company’s announced $70-to-$78 IPO range. The quote is a contract price, not the IPO offer price. The contract quote implied a listing valuation of about $1.4 trillion and a fully diluted valuation of about $1.92 trillion. Those market-implied figures are above Anthropic’s stated targets for the offering. The company said Nov. 10 that it plans an IPO valuation of about $1 trillion and is seeking a fully diluted valuation of $1.4 trillion. TokenPost previously covered [Anthropic pre-IPO contracts after the company’s IPO filing](), when they briefly rose more than 4%. The offer price is expected to be set Nov. 18, with trading scheduled to begin Nov. 19. ## Links in this article - [Anthropic pre-IPO contracts after the company’s IPO filing](https://www.tokenpost.com/news/investing/41050)