Global marketsUpdated 6h ago

Report: Anthropic IPO orders cover all shares; bankers expect a higher price

Anthropic’s filing lists an IPO range of $1.26 trillion to $1.4 trillion, after earlier reports that investors urged the company to lower its valuation. Now, Bloomberg says the Financial Times reported that orders covered every available share when the deal launched. The paper also says bankers expect the share price to rise above the filed $70–$78 range and are weighing a valuation of $1.5 trillion or more, citing people it did not identify. That’s a stronger demand signal, not a confirmed change to the offering terms.

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