Anthropic's stock market debut has generated significant interest from investors. According to 'Bloomberg', the artificial intelligence (AI) company has reportedly received approximately six times more purchase orders than available shares in what could become the largest initial public offering (IPO) in the history of the stock markets.
The creator of the AI model Claude and its co-founders are seeking to raise about $64.4 billion through this IPO and another $26 billion through a private placement, according to documents filed with regulators. Together, the operation would surpass SpaceX's IPO and become the largest stock market listing of all time.
It is worth noting that the company has set a price range of between $70 and $78 per share for its anticipated debut on Nasdaq, according to the latest documents for the operation. The new proposal represents a revision from the initial draft that had been distributed among financial entities, which featured a maximum price of $80 per share and a potential raising of $69.3 billion.
In this new proposal, Anthropic plans to offer a total of 825 million shares. Of these, approximately 801.35 million will correspond to newly issued shares of the company, while the remaining 23.65 million will come from selling shareholders.
According to sources cited by 'Bloomberg', the underwriting banks have informed potential investors that Anthropic will prioritise its current shareholders and that some interested buyers will receive allocations of shares lower than they expect. Goldman Sachs Group Inc. and Morgan Stanley are leading the operation, which involves the participation of another 20 banks.
The company aims to achieve a valuation of between $1.2 and $1.4 trillion, calculated on a fully diluted basis. This figure is well below the $2 trillion that the market had considered before the company began to disclose some of its figures and the market, consequently, adjusted its expectations with the company led by Dario Amodei.