Anthropic’s rapid revenue acceleration and IPO preparations are anchoring trader expectations for a closing market cap above $1.8 trillion. The company’s annualized revenue run rate reached $65 billion by late July 2026, up from roughly $9 billion at the end of 2025, driven by strong adoption of its Claude large language models and especially the Claude Code coding agent. A May 2026 Series H round valued the firm at $965 billion, with secondary trading now marking closer to $1.28 trillion, while bankers have discussed a potential $2 trillion IPO valuation with investors. Confidential SEC filing occurred in June, with public documents expected imminently and a September or October listing targeted—positioning Anthropic ahead of OpenAI. These factors, alongside ambitious 2028 revenue projections near $200 billion, underpin the market’s strong consensus around the highest bracket while leaving room for execution risks or market conditions to influence final pricing.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated1.8T+ 86%
1.5–1.8T 9.9%
No IPO by December 31, 2027 2.5%
0.6–0.9T 1.8%
$374,959 Vol.
$374,959 Vol.
Dec 31, 2027
<0.6T
1%
0.6–0.9T
2%
0.9–1.2T
1%
1.2–1.5T
2%
1.5–1.8T
10%
1.8T+
86%
No IPO by December 31, 2027
3%
1.8T+ 86%
1.5–1.8T 9.9%
No IPO by December 31, 2027 2.5%
0.6–0.9T 1.8%
$374,959 Vol.
$374,959 Vol.
Dec 31, 2027
<0.6T
$20,395 Vol.
1%
0.6–0.9T
$25,685 Vol.
2%
0.9–1.2T
$25,086 Vol.
1%
1.2–1.5T
$33,479 Vol.
2%
1.5–1.8T
$39,998 Vol.
10%
1.8T+
$180,038 Vol.
86%
No IPO by December 31, 2027
$50,278 Vol.
3%
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.Anthropic’s rapid revenue acceleration and IPO preparations are anchoring trader expectations for a closing market cap above $1.8 trillion. The company’s annualized revenue run rate reached $65 billion by late July 2026, up from roughly $9 billion at the end of 2025, driven by strong adoption of its Claude large language models and especially the Claude Code coding agent. A May 2026 Series H round valued the firm at $965 billion, with secondary trading now marking closer to $1.28 trillion, while bankers have discussed a potential $2 trillion IPO valuation with investors. Confidential SEC filing occurred in June, with public documents expected imminently and a September or October listing targeted—positioning Anthropic ahead of OpenAI. These factors, alongside ambitious 2028 revenue projections near $200 billion, underpin the market’s strong consensus around the highest bracket while leaving room for execution risks or market conditions to influence final pricing.
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Market Opened: Apr 30, 2026, 3:13 PM ET
Volume
$374,959End Date
Jan 1, 2028Market Opened
Apr 30, 2026, 3:13 PM ETResolver
0x69c47De9D...This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.Anthropic’s rapid revenue acceleration and IPO preparations are anchoring trader expectations for a closing market cap above $1.8 trillion. The company’s annualized revenue run rate reached $65 billion by late July 2026, up from roughly $9 billion at the end of 2025, driven by strong adoption of its Claude large language models and especially the Claude Code coding agent. A May 2026 Series H round valued the firm at $965 billion, with secondary trading now marking closer to $1.28 trillion, while bankers have discussed a potential $2 trillion IPO valuation with investors. Confidential SEC filing occurred in June, with public documents expected imminently and a September or October listing targeted—positioning Anthropic ahead of OpenAI. These factors, alongside ambitious 2028 revenue projections near $200 billion, underpin the market’s strong consensus around the highest bracket while leaving room for execution risks or market conditions to influence final pricing.
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Volume
$374,959End Date
Jan 1, 2028Market Opened
Apr 30, 2026, 3:13 PM ETResolver
0x69c47De9D...Anthropic’s rapid revenue acceleration and IPO preparations are anchoring trader expectations for a closing market cap above $1.8 trillion. The company’s annualized revenue run rate reached $65 billion by late July 2026, up from roughly $9 billion at the end of 2025, driven by strong adoption of its Claude large language models and especially the Claude Code coding agent. A May 2026 Series H round valued the firm at $965 billion, with secondary trading now marking closer to $1.28 trillion, while bankers have discussed a potential $2 trillion IPO valuation with investors. Confidential SEC filing occurred in June, with public documents expected imminently and a September or October listing targeted—positioning Anthropic ahead of OpenAI. These factors, alongside ambitious 2028 revenue projections near $200 billion, underpin the market’s strong consensus around the highest bracket while leaving room for execution risks or market conditions to influence final pricing.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions