Anthropic's IPO could reach a $2 trillion valuation, surpassing SpaceX

Investors in Anthropic expect the AI startup to go public in October at a valuation of $2 trillion or more, a milestone that would make it the largest initial public offering ever and eclipse SpaceX. Half a dozen backers told the Financial Times that Anthropic's rapidly rising revenue would support more than doubling its current valuation in the planned autumn listing. Such a debut could unlock billions of dollars in gains for early investors, but it would also test public markets that have grown increasingly wary of the AI boom.