Anthropic’s rapid revenue expansion to a $65 billion annualized run rate by July 2026, alongside a $965 billion private valuation from its May Series H round, underpins the overwhelming 96.5% market-implied odds for a closing market cap above $600 billion. The company’s confidential S-1 filing in June and ongoing preparations for an October marketing window ahead of a potential November listing reflect sustained investor appetite for frontier AI capabilities in its Claude large language models. Bankers have discussed targets near $2 trillion, supported by enterprise demand and cloud partnerships. While strong consensus exists, realistic challenges include IPO delays from regulatory reviews, softer public-market reception amid broader tech volatility, or execution risks in scaling margins that could compress the final valuation.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated600B+ 96.4%
No IPO by December 31, 2027 1.0%
400–600B <1%
<100B <1%
$444,205 Vol.
$444,205 Vol.
<100B
1%
100–200B
<1%
200–300B
<1%
300–400B
<1%
400–600B
1%
600B+
96%
No IPO by December 31, 2027
1%
600B+ 96.4%
No IPO by December 31, 2027 1.0%
400–600B <1%
<100B <1%
$444,205 Vol.
$444,205 Vol.
<100B
1%
100–200B
<1%
200–300B
<1%
300–400B
<1%
400–600B
1%
600B+
96%
No IPO by December 31, 2027
1%
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
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.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
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: Feb 4, 2026, 1:21 PM ET
Resolver
0x2F5e3684c...If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
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.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
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
0x2F5e3684c...Anthropic’s rapid revenue expansion to a $65 billion annualized run rate by July 2026, alongside a $965 billion private valuation from its May Series H round, underpins the overwhelming 96.5% market-implied odds for a closing market cap above $600 billion. The company’s confidential S-1 filing in June and ongoing preparations for an October marketing window ahead of a potential November listing reflect sustained investor appetite for frontier AI capabilities in its Claude large language models. Bankers have discussed targets near $2 trillion, supported by enterprise demand and cloud partnerships. While strong consensus exists, realistic challenges include IPO delays from regulatory reviews, softer public-market reception amid broader tech volatility, or execution risks in scaling margins that could compress the final valuation.
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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