**Explosive revenue growth and banker guidance for a potential $2 trillion IPO valuation are anchoring trader consensus on an Anthropic closing market cap above $1.8 trillion.** The company’s annualized revenue run rate reached $65 billion by late July 2026—up sharply from $9 billion at the end of 2025 and $47 billion in May—driven by strong adoption of its Claude large language models, particularly coding capabilities. Anthropic confidentially filed its S-1 in June and plans to release the prospectus after Labor Day, targeting a late-September or early-October listing on Nasdaq with underwriters including Goldman Sachs, JPMorgan, and Morgan Stanley. Recent briefings have highlighted 2028 revenue projections of $190–200 billion and discussed a raise exceeding $100 billion, positioning the debut above SpaceX’s record. These verified developments, combined with the company’s $965 billion private valuation from its May Series H round, explain the market-implied odds while leaving room for typical IPO volatility around pricing and lockups.
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 9.7%
No IPO by December 31, 2027 2.5%
0.6–0.9T 1.3%
$374,157 Vol.
$374,157 Vol.
<0.6T
1%
0.6–0.9T
1%
0.9–1.2T
1%
1.2–1.5T
1%
1.5–1.8T
10%
1.8T+
86%
No IPO by December 31, 2027
3%
1.8T+ 86%
1.5–1.8T 9.7%
No IPO by December 31, 2027 2.5%
0.6–0.9T 1.3%
$374,157 Vol.
$374,157 Vol.
<0.6T
1%
0.6–0.9T
1%
0.9–1.2T
1%
1.2–1.5T
1%
1.5–1.8T
10%
1.8T+
86%
No IPO by December 31, 2027
3%
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
Resolver
0x69c47De9D...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.
Resolver
0x69c47De9D...**Explosive revenue growth and banker guidance for a potential $2 trillion IPO valuation are anchoring trader consensus on an Anthropic closing market cap above $1.8 trillion.** The company’s annualized revenue run rate reached $65 billion by late July 2026—up sharply from $9 billion at the end of 2025 and $47 billion in May—driven by strong adoption of its Claude large language models, particularly coding capabilities. Anthropic confidentially filed its S-1 in June and plans to release the prospectus after Labor Day, targeting a late-September or early-October listing on Nasdaq with underwriters including Goldman Sachs, JPMorgan, and Morgan Stanley. Recent briefings have highlighted 2028 revenue projections of $190–200 billion and discussed a raise exceeding $100 billion, positioning the debut above SpaceX’s record. These verified developments, combined with the company’s $965 billion private valuation from its May Series H round, explain the market-implied odds while leaving room for typical IPO volatility around pricing and lockups.
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