Anthropic’s rapid revenue expansion to a $65 billion annualized run rate, alongside its $965 billion Series H valuation and confidential S-1 filing on June 1, underpins trader expectations for a large IPO closing market cap. Recent reporting highlights internal projections of $190–200 billion revenue by 2028 and banker discussions targeting a $2 trillion debut, exceeding SpaceX’s record, with secondary shares now implying roughly $1.25 trillion. The company’s lead underwriters and October listing window remain fluid pending the public S-1 and roadshow, while competitive dynamics versus OpenAI and hyperscaler compute partnerships add momentum. Market-implied odds reflect strong consensus around a high-valuation outcome, tempered by typical IPO pricing risks and execution timelines.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$1.5T
91%
$1.75T
90%
$2T
59%
$2.25T
63%
$2.5T
51%
$2.75T
14%
$3T
48%
$1,803 Vol.
$1.5T
91%
$1.75T
90%
$2T
59%
$2.25T
63%
$2.5T
51%
$2.75T
14%
$3T
48%
If no IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to "No".
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.
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: Aug 25, 2026, 5:29 PM ET
Resolver
0x65070BE91...If no IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to "No".
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.
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
0x65070BE91...Anthropic’s rapid revenue expansion to a $65 billion annualized run rate, alongside its $965 billion Series H valuation and confidential S-1 filing on June 1, underpins trader expectations for a large IPO closing market cap. Recent reporting highlights internal projections of $190–200 billion revenue by 2028 and banker discussions targeting a $2 trillion debut, exceeding SpaceX’s record, with secondary shares now implying roughly $1.25 trillion. The company’s lead underwriters and October listing window remain fluid pending the public S-1 and roadshow, while competitive dynamics versus OpenAI and hyperscaler compute partnerships add momentum. Market-implied odds reflect strong consensus around a high-valuation outcome, tempered by typical IPO pricing risks and execution timelines.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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