The market value is close to that of Musk

The market value is close to that of Musk! AI upstart Anthropic aims to be the largest IPO in 2026, with revenue soaring sixfold and becoming the biggest dark horse. Although the artificial intelligence startup Anthropic has not officially entered the public market, it has already caused an uproar in the prediction market. According to the latest data from the prediction market Polymarket, investors are currently betting that the probability of Anthropic defeating Elon Musk’s SpaceX and winning the world’s largest initial public offering (IPO) in 2026 has soared to 44%, only narrowly behind SpaceX’s 55%. Just last week, SpaceX took the absolute lead in this competition. Anthropic's ability to quickly close the gap and arouse great attention from the market is inseparable from its amazing financial growth data. According to media reports, Anthropic disclosed in a routine briefing to investors that as of the end of July, its annualized revenue had surged to US$65 billion, a surge of more than six times from the level of approximately US$9 billion at the end of last year, far exceeding the US$47 billion announced in May. According to various sources, Anthropic is actively preparing for listing and is expected to officially launch its IPO in October this year at the earliest. In terms of valuation performance, SpaceX listed on Nasdaq in June this year with a valuation of approximately US$1.8 trillion, raising more than US$80 billion in funds, setting a record for the largest IPO in the history of the US stock market. Anthropic was valued at US$965 billion in its last public financing round in May. However, some investors expect Anthropic to be valued at US$2 trillion or more when it goes public, surpassing SpaceX. At the same time, investors predict that by the end of 2026, Anthropic’s annualized revenue will climb to between US$100 billion and US$120 billion. By comparison, its main competitor OpenAI was last valued at $852 billion (based on June funding data). In terms of the pace of listing, OpenAI seems to lag behind Anthropic. It has secretly submitted IPO prospectus documents to the US Securities and Exchange Commission in June, but has not announced the specific listing time. Polymarket’s forecast data shows that investors expect the probability of OpenAI to postpone its IPO to 2027 and beyond is as high as 78%, which further confirms Anthropic’s relative lead in the listing process. via AI News (author: AI Base)