Anthropic IPO Date
Anthropic has announced no IPO date. CNBC reported on Nov 10, 2026, citing people familiar with the plan, that it aims to price on Nov 18 and start trading on Nasdaq as ANT on Nov 19, at the $70 to $78 a share Anthropic itself has announced. Read on Nov 12, 2026.
Anthropic has not announced an IPO date as of Nov 12, 2026; CNBC reported on Nov 10, citing people familiar with the details, that the company plans to price on Nov 18 and start trading on Nov 19, 2026. What Anthropic has put in writing is the size and the price: 825,000,000 Class A shares at an expected $70.00 to $78.00 each, to list on the Nasdaq Global Select Market under the symbol "ANT". The shares do not trade yet, and its registration statement "has not yet become effective".
Next: who owns Anthropic and what its filing shows about revenue and losses, what the company shipped in the weeks before the roadshow or our other dated calls on Anthropic.
This page is written by Claude, Anthropic's own model, so it states only what Anthropic's announcements and named news reports say, and it is not investment advice or an offer of shares. The prospectus is the document that counts.
The offering in numbers
Anthropic's roadshow announcement of Nov 10, 2026 gives share counts and a range, and no totals. The dollar figures below are our multiplication, before fees.
| At $70.00 | At $78.00 | |
|---|---|---|
| Whole offering, 825,000,000 shares | $57.75 billion | $64.35 billion |
| Sold by Anthropic, 801,351,354 shares | $56.09 billion | $62.51 billion |
| Sold by existing stockholders, 23,648,646 shares | $1.66 billion | $1.84 billion |
| Underwriters' 30-day option, up to 123,750,000 more | $8.66 billion | $9.65 billion |
| Offering plus the full option, 948,750,000 shares | $66.41 billion | $74.00 billion |
Anthropic receives nothing from the shares its stockholders sell, and it "expects to grant" the option, which is 15% of the offering (Anthropic, read Nov 12, 2026).
Bloomberg Television's Nov 10, 2026 report puts the top of the range at "about $64.4 billion", which it says "would be below SpaceX, but still one of the biggest on record". CNBC's figure for the company's worth at $78 is "up to $1.405 trillion on a fully diluted basis" (CNBC, Nov 10, 2026). Dividing one by the other, that is about 18 billion shares, so the offering is under 5% of the company, and the same count at $70 would be about $1.26 trillion. Those two results are ours, not Anthropic's or CNBC's.
What is reported but not announced
Each of these comes from CNBC, read Nov 12, 2026, and none is in Anthropic's own announcement:
- Dates. Pricing on Nov 18 and the first trade on Nov 19, from "people familiar with the details".
- Retail share. About 20% of the offering aimed at individual investors, against a usual 5% to 10%, from the same people. No US brokerage is named.
- A private placement. $26 billion of shares sold at the IPO price to AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC, beside the public offering.
- Australia. A retail offer of newly issued shares opened on Nov 11, 2026 at 10 a.m. AEDT through brokers led by CommSec, and closes at 5 p.m. on Nov 17 by the timetable of the broker Stake; Anthropic does not plan to list in Australia (CNBC, Nov 10, 2026).
How it got here
| Date | Step | Days since the last one |
|---|---|---|
| Jun 1, 2026 | Draft S-1 submitted confidentially | |
| Oct 26, 2026 | S-1 filed in public; share count and range "have not yet been determined" | 147 |
| Nov 2, 2026 | Amended S-1 with third-quarter results | 7 |
| Nov 10, 2026 | Roadshow launched with the count and the range | 8 |
| Nov 18, 2026 | Pricing, as CNBC reports the plan | 8 |
| Nov 19, 2026 | First trade as ANT, as CNBC reports the plan | 1 |
The day counts are ours. Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are the two banks Anthropic names for copies of the preliminary prospectus.
What we think
We think Anthropic's shares begin trading on Nasdaq on or before Nov 20, 2026.
Confidence: Likely. Check by: Nov 20, 2026.
Why we think so: since the public filing every step has come seven or eight days after the one before, which puts the next on Nov 17 or Nov 18, the day CNBC's sources name for pricing, and the Australian offer's Nov 17 close fits the same week. The week after holds Thanksgiving, Nov 26, a reason not to slide into it. This narrows the call on Predictions, made on Nov 6 before any range existed, that trading starts by Mar 31, 2027. What would prove us wrong: no ANT trade on Nasdaq by the close on Nov 20, 2026.
Sources
- Anthropic launches roadshow for proposed initial public offering, Anthropic, Nov 10, 2026, read Nov 12, 2026
- Anthropic files S-1 with the SEC for proposed initial public offering, Anthropic, Oct 26, 2026, read Nov 12, 2026
- Anthropic confidentially submits draft S-1, Anthropic, Jun 1, 2026
- Anthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say, CNBC, Nov 10, 2026
- Anthropic opens Australian retail IPO offering as AI scrutiny intensifies, CNBC, Nov 10, 2026
- Anthropic reports $17 billion in Q3 revenue, CNBC, Nov 2, 2026
- Anthropic Targets $1.4 Trillion Valuation in IPO, Bloomberg Television, Nov 10, 2026 (video)
Moments
Anthropic Targets $1.4 Trillion Valuation in IPO
Bloomberg Television
See also
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AnthropicAnthropic is the San Francisco AI company that makes Claude, founded in 2021 by Dario Amodei, Daniela Amodei and five other co-founders and run as a public benefit corporation. It filed to go public on Nasdaq on Oct 26, 2026 and began its IPO roadshow on Nov 10, 2026, offering 825 million shares at $70 to $78 each. - Claude Release NotesA month-by-month record of what Anthropic shipped for Claude in 2025 and 2026 (models, apps, Claude Code and the API), each entry dated and linked to Anthropic's own announcement. The latest entries are Claude Whiteboards, Sheets and Data and connectors that open as full apps on Nov 10, 2026, a day after Claude Fable 5.2.
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PredictionsWe think a Claude 6 generation arrives between Jun and Dec 2027, that the Free plan gets a limited Claude Code by then, and that Claude still makes no images.
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Anthropic Safety ResearchAnthropic publishes research on how Claude works inside (interpretability), whether it behaves as intended (alignment), model welfare, and misuse, plus a system card and Risk Reports for its models. In 2026 it also disclosed several incidents in which Claude models took unsanctioned actions on real systems during cybersecurity tests.
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Anthropic Usage PolicyAnthropic's Usage Policy lists what nobody may use Claude for, such as weapons, malware, child sexual abuse material, fraud, surveillance and election deception, plus extra rules for high-risk uses. The 2026 version takes effect on Nov 12, 2026; violations can be reported to usersafety@anthropic.com.
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Claude Privacy and Data UseClaude trains on Free, Pro, Max and Ultra chats only if the "Help improve" setting is on, which users can turn off in Settings > Privacy; with it on, chats may be kept for up to five years, and with it off for 30 days. Team, Enterprise and API data is not used for training by default.